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US startup companies focused on transportation technology could be among the casualties of Covid-19, according to venture investors who say new funding and investment exits are drying up as the economic outlook darkens.
Japanese automaker Toyota Motor Corp has partnered with Chinese autonomous driving startup Momenta to develop a high definition (HD) mapping platform in China for autonomous driving vehicles, Momenta said in a statement.
In Silicon Valley, it's tough to go two blocks without seeing a self-driving autonomous car, said Steven Hong, chief executive of Beavercreek-based company Oculii.
Do automakers investing billions in the self-driving cars of tomorrow risk repeating the same mistake they made with electric cars a decade ago?
Russian technology giant Yandex wants to launch a worldwide fleet of 'robotaxis' using its driverless car software and thinks this is possible within a few years, the company's head of driverless cars Dmitry Polishchuk told Reuters.
The coronavirus has hurt many companies in China and around the world. Neolix, a driverless delivery business based in Beijing, isn’t among them – in fact, it’s seen a jump in demand.
BEIJING (China Daily/ANN): China has unveiled an ambitious blueprint to develop its own standards for autonomous vehicles by 2025, which analysts say would generate vast investment opportunities and transform the country's automotive industry.
BANGKOK (Bloomberg): A city famous for traffic jams is looking to solve its congestion and pollution woes by building a massive train station and overhauling its rail network.
Alphabet’s Waymo and General Motors-backed Cruise saw their autonomous vehicles require less help from human drivers on California's public roads in 2019.
When you slide into the car of the future, you may feel like you've already reached your destination.