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The sale represents Uber’s second as a blue-chip company after it tapped investors for $4 billion around a year ago. The proceeds will be used for general corporate purposes.

Hesai, which raised $192 million in its U.S. initial public offering in 2023, was added to a Pentagon blacklist of companies linked to China’s military last year.

The German truck maker is working with Bank of America Corp. to sound out potential investors interested in acquiring a minority stake in Torc.

Tesla’s worldwide vehicle deliveries fell 13% in the first half of the year, putting the company on course for its second consecutive annual decline.

This Aurora-McLeod software integration will make it easier for mutual customers to adopt autonomous trucks and pave the way for broader industry deployment of this emerging technology.

Delays of "several months or more" were noted in reporting crashes involving driver-assistance technology.

Honda and Helm.ai will collaborate on producing advanced driver assistance systems for Honda’s vehicles by 2027.

A new job listing in Tesla’s Autopilot operations seeks a driver for a prototype vehicle that would gather data for as much as eight hours a day.

The Guangzhou-headquartered firm’s optimism comes as it eyes new markets in Europe. Road testing is being carried out in Luxembourg.

Trucking industry veteran Lior Ron is joining autonomous technology company Waabi to help scale the commercial deployment of driverless trucks, the company announced Aug. 12.