Lyft Secures $1 Billion Investment Led by Alphabet’s CapitalG
Alphabet’s CapitalG leads a $1 billion funding round for Lyft, raising its valuation to $11 billion and intensifying the US ride-hailing contest with Uber.
Coverage tagged Autonomous driving.
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Alphabet’s CapitalG leads a $1 billion funding round for Lyft, raising its valuation to $11 billion and intensifying the US ride-hailing contest with Uber.
Proposed regulations would require a licensed operator in all autonomous vehicles and restrict fully driverless testing, affecting firms like Google.
Google is preparing to launch its autonomous vehicle unit as a stand-alone Alphabet business next year, with ride-hailing services planned for limited US locations.
Kia joins Hyundai in securing permission from Nevada to conduct autonomous vehicle trials on public roads, focusing on the Soul EV equipped with advanced driver assistance systems.
Hyundai has started public road testing in Nevada with fully autonomous fuel cell Tucson SUVs, aiming to advance both hydrogen and self-driving technologies.
Hyundai Motor is preparing to design its own computer chips for self-driving vehicles, aiming for greater control over critical autonomous technology components.
The German carmakers have finalised their joint acquisition of Nokia’s HERE digital mapping unit, securing a key resource for future autonomous and connected vehicle technologies.
A report from IHS Automotive claims Google’s rapid progress in self-driving technology is forcing established carmakers to quicken their own autonomous vehicle programmes.
Carmakers including General Motors are stepping up their presence at the Consumer Electronics Show, using the Las Vegas event to showcase new technology and court partnerships.
Features like lane keeping and adaptive cruise control are easing workloads but may be encouraging drivers to take more risks behind the wheel.
Leading US experts highlight the contrast between Google’s push for full autonomy and carmakers’ incremental approach, as debate sharpens over the safest path to self-driving vehicles.
BMW, Audi and Mercedes-Benz have agreed to acquire Nokia’s HERE mapping business for €2.5 billion, securing a key asset for future autonomous and connected car development.
Doug Betts, former head of global quality at Fiat Chrysler, has joined Apple, intensifying speculation about the tech giant’s ambitions in electric and autonomous vehicles.
A Google autonomous Lexus RX450h was struck from behind in Mountain View, injuring three, as rear-end collisions continue to dominate the tech giant’s self-driving car incident record.
Bosch expects its automated driving assistance business to reach €1 billion in sales by 2016, driven by demand for radar and video sensor systems from global carmakers.
BMW's new 7 Series saloon debuts a remote control parking system operated by a touchscreen key, allowing the car to park itself while the driver stands outside.
Senior Apple executives have made comments suggesting the company is exploring automotive projects, intensifying rumours about a possible Apple car.
The Italdesign Giugiaro GEA, first shown at the 2015 Geneva Motor Show, has been seen parked in Milan, offering a rare look at the luxury autonomous concept away from the exhibition stand.
Engineering leaders at the SAE World Congress in Detroit agreed self-driving vehicles could cut traffic deaths, but warned that unpredictable incidents and regulatory challenges will persist.
Chevrolet has revealed the FNR concept in Shanghai, showcasing autonomous driving, hubless electric motors and a dramatic capsule design developed by its Pan Asia Technical Automotive Center.
Tencent, Alibaba and Baidu are investing heavily in internet-connected electric vehicles, aiming to establish China as a leader in the emerging segment.
NHTSA chief Mark Rosekind signals the agency’s intent to shape policy on autonomous driving, connected cars and new safety technology as the US car market faces rapid change.
Chinese technology company Baidu says it plans to introduce an autonomous car before the end of 2015, joining a crowded field of global tech and automotive firms racing to deploy self-driving vehicles.
Audi’s piloted driving prototypes have completed autonomous journeys on US roads and race circuits, but legal and commercial hurdles remain before buyers see production-ready systems.