Mobileye will use laser sensors made by Innoviz Technologies for the autonomous driving system it supplies to vehicle manufacturers, a potential revenue boost for the upstart.
December 11, 2024Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
GM to Wind Down Robotaxi Operations Championed by CEO Barra
General Motors Co.’s Cruise self-driving car unit will exit the robotaxi business, a retreat from a market that proved costly and full of reputational pitfalls for the automaker.
December 10, 2024Waymo Unveils Plan to Bring Its Robotaxi Service to Miami
Waymo is gearing up to bring its robotaxi service to Miami, which will accelerate an expansion that’s been happening while its hobbled rivals remain in its rearview mirror.
December 5, 202491ÊÓƵ Plans Dallas-Fort Worth, Ann Arbor Offices
The company is shutting down its European operations simultaneously, and existing employees in Europe will have to reapply for new jobs.
December 4, 2024Ex-TuSimple CEO Hou Seeks to Liquidate Company’s Assets
TuSimple co-founder and former CEO Xiaodi Hou, who claims to be the company’s largest shareholder, is also seeking judicial aid in an increasingly bitter spat with former colleague Mo Chen.
December 2, 2024Pony AI Raises $413M, Shares Surge in Nasdaq Debut
With Pony’s offering, Chinese companies have raised $1.2 billion via U.S. IPOs this year, nearly double the amount in the same period in 2023 but below the heights seen during the pandemic.
November 27, 2024UBS: Tesla’s Rally Fueled by Investor Optimism, Not Growth
Tesla Inc.’s post-election stock surge has more to do with market exuberance than actual improvement in the fundamentals of its business, UBS Group AG analysts cautioned in a report.
November 25, 2024Uber Said to Be in Talks to Invest in US IPO of Pony AI
Uber Technologies plans to invest in Pony AI’s U.S. initial public offering, which is expected to be priced next week after being upsized by the autonomous driving firm.
November 21, 2024Commercial Ops Debut Coming Fast for VNL Autonomous Truck
The start of commercial operations for factory-built autonomous Class 8 tractors by Volvo Autonomous Solutions and Aurora Innovation is due in a matter of days.
November 20, 2024Autonomous Helicopters Focus on Agriculture
Rotor Technologies has built two autonomous Sprayhawk helicopters and aims to have as many as 20 ready for market next year. For now, Rotor is focused on the agriculture sector.
November 19, 2024