Tag: autonomous vehicles
Shares of Hyundai Motors Co. climb more than 20% on potential EV deal with Apple
Hyundai Motor Company is downplaying reports that it is in talks with Apple to produce an autonomous electric vehicle, stating that discussions are still in the “early stage” and still undecided. But the news of a potential tie-up (however tentative) with Apple, which is known for keeping a tight lid…
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Oxbotica raises $47M to deploy its autonomous vehicle software in industrial applications
While the world continues to await the arrival of safe, reliable and cost-effective self-driving cars, one of the pioneers in the world of autonomous vehicle software has raised some substantial funding to double down on what it sees as a more immediate opportunity: providing technology to industrial companies to build…
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Walmart will test driverless delivery trucks in Arkansas next year
In 2019, Walmart started working with a company called Gatik to test autonomous delivery trucks on a two-mile route between a fulfillment center and a store in Bentonville, Arkansas. After those vehicles logged more than 70,000 miles with a human dri… Source
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The Boring Company offers a look inside a Las Vegas loop station
The Boring Company’s work in Las Vegas is starting to take shape. On Twitter, the company shared a short clip showing off one of the underground stations it’s building as part of the Las Vegas Convention Center (LVCC) loop. As you can see from the vi… Source
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Hitting the Books: How autonomous EVs could help solve climate change
Climate change is far and away the greatest threat of the modern human era — a crisis that will only get worse the longer we dither — with American car culture as a major contributor to the nation’s greenhouse emissions. But carbon-neutralizing energ… Source
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Chinese autonomous vehicle startup Pony.ai hits $5.3 billion valuation
Pony.ai, the Chinese autonomous vehicle startup and relative newcomer to the industry, is now valued at $5.3 billion following a fresh injection of $267 million in funding. The round was led by TIP, an innovation fund within the Ontario Teachers’ Pension Plan Board that focuses on late-stage venture and growth…
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