Toyota Tech Arm Plans Self-Driving Acquisition Spree
Toyota Motor Corp.’s software and technology arm plans to embark on an ambitious hiring and acquisition spree as automakers globally jostle for pole position in the race to develop smart cars that will one day drive themselves.
Alphabet’s Waymo Raises $2.5 Billion After Key Departures
Waymo, Alphabet Inc.’s self-driving car unit, said it raised $2.5 billion in a recent funding round to help advance its technology and replace a management team rocked by departures.
Rep. Bob Latta Reintroduces Self-Driving Vehicle Bill
Legislation meant to facilitate access to autonomous vehicles nationwide has again come before the U.S. House of Representatives.
Looking Ahead to Autonomous Trucking
Although autonomous trucks are still in their infancy, the continued development and eventual deployment of these vehicles represents a new frontier for the freight transportation business. As this technology advances in the coming years and decades, fleet operators that adopt self-driving trucks will encounter a new management challenge: finding the best ways to combine automation with human labor.
Germany Takes Step Toward Autonomous Driving on Public Roads
German lawmakers agreed to allow some driverless vehicles on public roads, a first step toward enabling autonomous driving in Europe’s biggest economy.
Waymo Eyes Raising Up to $4 Billion as Leaders’ Exits Sow Doubts
Waymo is talking to outside investors about raising as much as $4 billion in additional capital to fuel its self-driving efforts. And the company has discussed plans to eventually list publicly, spinning out from its parent Alphabet Inc., according to people familiar with the plans.
May 19, 2021NHTSA, NTSB Probe Fatal Tesla Crash With No Driver
DETROIT — Two federal agencies are sending teams to investigate the fatal crash of a Tesla near Houston in which local authorities say no one was behind the wheel.
Ford-Backed Self-Driving Startup Argo AI Mulling IPO This Year
Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, is considering going public as soon as this year, according to people familiar with its plans.
Driverless Truck Startup Plus Seeks SPAC Merger
Self-driving truck startup Plus is in advanced talks with a few special purpose acquisition companies for a merger, as it seeks to bankroll its expansion in the autonomous driving industry, according to people familiar with the matter.
Apple More Than Doubled Autonomous Road Tests in 2020
Apple Inc. more than doubled road testing of its self-driving cars in 2020 as its autonomous technology improved, according to a report filed with the California Department of Motor Vehicles.