Tag: Automotive
Horizon Robotics, a Chinese rival to Nvidia, seeks to raise over $700M
In their rush to offer alternatives to advanced western chipsets, Chinese semiconductor companies are racking up large fundings from investors. Horizon Robotics, a five-year-old unicorn specializing in AI chips for robots and autonomous vehicles, announced Tuesday that it has secured $150 million in funding. The proceeds are the first close…
Read MoreThe ‘Apple car’ chatter is back with new reports pointing to a 2024 launch date
The demise of the Apple car, the technology giant’s not-so-secret secret project, was perhaps overstated. Apple’s so-called Project Titan, which last year reduced the team by some 200 employees, is not only alive, it has plans to produce an electric passenger vehicle with “breakthrough battery technology” and automated vehicle technology…
Read MoreAurora sends offers to majority of Uber ATG employees, but not the R&D lab
Autonomous vehicle company Aurora Innovation sent offers Thursday to more than 75% of employees at Uber Advanced Technologies Group, just a week after announcing plans to acquire the self-driving subsidiary, according to a source familiar with the post-merger integration plans. Uber ATG Toronto, which employs about 50 people where the…
Read MoreAutoLeap says it will repair your lousy relationship with car shops
No one likes having to go the automotive repair shop. There’s little transparency into what happens after a car is dropped off, invoices are often little more than a series of illegible bullet points, and the experience often feels chaotic. AutoLeap, a six-month-old, Toronto-based startup that quietly raised $5 million…
Read MoreThe 2021 Ford Mustang Mach-E disappoints in our first drive
This is not a review of the 2021 Ford Mustang Mach-E Sport SUV. A few weeks back, I spent two short hours in Ford’s upcoming EV. I don’t feel comfortable declaring a conclusion with just a couple of hours behind the wheel. I need more time with the Mach-E, and…
Read MoreThe Station: Uber’s 2020 evolution and QuantumScape’s big breakthrough
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi friends and new readers, welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages…
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