May Mobility is slowly advancing its driverless capabilities. The startup this week launched a small-scale deployment of autonomous shuttles, which will drive themselves along a fixed route without a human safety driver present. May will initially deploy one to two autonomous Toyota Sienna minivans to ferry employees and “invited guests” across a 2-square-mile area of […]
May Mobility to test driverless shuttles in Ann Arbor Read More »
Pony AI, the Chinese autonomous vehicle startup that’s looking to go public on the Nasdaq stock exchange, now wants to raise around $260 million, according to a new regulatory filing. That’s up from its previous target of around $224 million. To meet the goal, Pony will sell as many as 20 million American depository shares.
Chinese AV startup Pony AI boosts its IPO goal to $260M Read More »
Nuro is rolling out test fleet of its its driverless, passenger-less R3 vehicles across the Bay Area and Houston, two months after the the autonomous vehicle technology startup changed its business strategy to license its AV tech to automakers and mobility providers. The large-scale demo, which will expand the domain where Nuro currently tests, is designed to
Nuro expands driverless autonomous vehicle testing in push to attract customers Read More »
Xiaodi Hou, the co-founder and former CEO of self-driving trucking startup TuSimple, has urged a California district court to issue a temporary restraining order to stop the company from transferring its remaining U.S. assets to China, according to a recent court filing. Hou, who plans to apply for a temporary restraining order in December during
Former TuSimple co-founder urges courts to block asset transfer to China Read More »
Xiaodi Hou, the co-founder and former CEO of self-driving trucking startup TuSimple, has urged a California district court to issue a temporary restraining order to stop the company from transferring its remaining U.S. assets to China, according to a recent court filing. Hou, who plans to apply for a temporary restraining order in December during
Former TuSimple co-founder urges courts to block asset transfer to China Read More »
Cruise, the autonomous vehicle unit of General Motors, has admitted to submitting a false report with the goal of influencing a federal investigation into a safety incident last year. In penance, the company will pay a $500,000 criminal fine as part of a deferred prosecution agreement, per the Department of Justice (DOJ). This is one
GM’s Cruise to pay $500,000 fine to DOJ, admits submitting false report Read More »
Pony AI is inching closer to its initial public offering in the U.S., but as it does so, it continues to drop its minimum target for what it hopes to raise in the transaction. Pony operates a fleet of 190 “robotrucks” in Beijing and Guangzhou and over 250 robotaxis in Beijing, Guangzhou, Shenzhen, and Shanghai.
Chinese autonomous driving startup Pony AI seeks up to $224M in US IPO Read More »
Karl Iagnemma, an early pioneer in the autonomous vehicle industry who recently stepped down as president and CEO from Hyundai-backed Motional, is back in the AV and robotics game. Vecna Robotics, a Massachusetts-based startup that uses robots to handle materials in warehouses, has hired Iagnemma as CEO. The robotics startup, which has developed autonomous pallet
Vecna Robotics raises $14.5M and taps former Motional CEO to lead startup Read More »
Zoox is testing its custom robotaxis, which are built without a steering wheel or pedals, on public roads in San Francisco and the Las Vegas Strip. The rollout of the autonomous vehicles, which Zoox CTO Jesse Levinson first announced at TechCrunch Disrupt, is a public show of force from the Amazon-backed company. Federal regulations prohibit
Zoox rolls outs custom robotaxi in San Francisco, Las Vegas Read More »
Monarch Tractor has laid off around 10% of its workforce as part of a restructuring that will see it prioritize non-agricultural customers, license its autonomous technology, and boost sales of its AI-powered farm management software, TechCrunch has learned. Around 35 employees were cut this week by the Livermore, California-based autonomous electric tractor startup that has
Monarch Tractor lays off 10% in restructuring towards software and licensing AV tech Read More »
