Car Technology

Car Tech Startup Aurora Snags $530M From Amazon, Others
Car Tech Startup Aurora Snags $530M From Amazon, Others
February 07, 2019  |  Investments

Aurora, a self-driving car technology company, has raised upwards of $530 million in a series B financing round led by Sequoia Capital, with a large...

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GAC, Tencent Ink Deal To Create Mobility Company
GAC, Tencent Ink Deal To Create Mobility Company
January 31, 2019  |  Partnerships / Acquisitions

GAC Group, the state-owned Chinese car company, announced Thursday (Jan. 31) that it is teaming up with Tencent, the internet and gaming company, to create...

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Digital License Plates Vie For Place In The Connected Car Ecosystem
Digital License Plates Vie For Place In The Connected Car Ecosystem
January 21, 2019  |  Innovation

The move toward a connected car ecosystem includes the potential use of digital license plates on vehicles — an effort that has now spread to...

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Carmakers Pump The Brakes On Driverless Technology
Carmakers Pump The Brakes On Driverless Technology
January 09, 2019  |  Innovation

Many carmakers have softened their stances on driverless technology because they’re not sure if the tech is quite ready for the mainstream. Financial Times reported...

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Daimler Invests $573M In Self-Driving Trucks
Daimler Invests $573M In Self-Driving Trucks
January 07, 2019  |  Innovation

Luxury German car manufacturer Daimler has announced that it will invest $573 million (500 million euros) into developing technologically advanced autonomous trucks. The move will create...

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Say Goodbye To Ridesharing As We Know It
Say Goodbye To Ridesharing As We Know It
November 27, 2018  |  Ridesharing

For decades, it stood as a rite of passage for so many consumers: buying one’s first car. However, according to many experts, vehicle ownership has...

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Lyft Buys Blue Vision Labs For $72 Million
Lyft Buys Blue Vision Labs For $72 Million
October 23, 2018  |  Partnerships / Acquisitions

Lyft, the ride-hailing startup that is expected to launch an initial public offering (IPO) next year, has reportedly acquired Blue Vision Labs, the London-based augmented...

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Uber Mulls Bringing On Minority Investor For Self-Driving Unit
Uber Mulls Bringing On Minority Investor For Self-Driving Unit
October 17, 2018  |  Ridesharing

Uber, the ride-hailing company, is reportedly mulling bringing on a minority investor to help it bankroll its self-driving unit. Financial Times, citing two people familiar...

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Waymo Logs 10 Million Miles Driven On Public Roads
Waymo Logs 10 Million Miles Driven On Public Roads
October 10, 2018  |  Innovation

Waymo, the self-driving car company owned by Alphabet, announced on Wednesday (Oct. 10) that its self-driving vehicles have surpassed 10 million miles driven on public...

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