Elon Musk is not only the world’s richest person, he lays claim to the biggest net worth ever recorded: $208 billion as of Jan. 8. What he does with it will be closely watched.
January 8, 2021Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Cruise Hires Former Delta Air Executive Gil West as COO
Cruise, the self-driving car startup majority owned by General Motors Co., has hired former Delta Air Lines Inc. Chief Operating Officer Gil West for the same position as it prepares to start offering paid robotaxi rides in San Francisco.
January 8, 2021FHWA Awards Grant Supporting AV Truck Project at Port of Virginia
The Federal Highway Administration recently awarded $49.6 million to support projects that incorporate transportation-related technologies.
January 6, 2021Tesla’s Elon Musk Now World’s Richest Person
Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet.
January 7, 2021Autonomous Startup Used by Mining Trucks Raises $47 Million
Oxbotica, a U.K. company that makes software for running autonomous vehicles, has raised $47 million in a fresh funding round that will go toward developing and deploying its products.
January 6, 2021Lidar Startup Aeva Adds $200 Million to SPAC Deal
Aeva, a laser-sensor startup founded by two ex-Apple Inc. engineers, is poised to increase its war chest by $200 million with an investment by a Hong Kong-based hedge fund ahead of its public listing via a reverse merger.
January 4, 2021Nuro Acquires Ike, Gets Approval for Autonomous Deliveries in California
Robotics company Nuro announced Dec. 23 that it has acquired Ike Robotics Inc., which builds automated trucking technology.
December 28, 2020Kodiak Robotics to Receive CES Award
Self-driving technology startup Kodiak Robotics announced it was selected as a CES 2021 Innovation Awards honoree, with the presentation to come during the first all-digital CES, which runs Jan. 11-14.
December 23, 2020Maryland Framework Offers Connected, Automated Vehicle Guide
With an eye toward the future of transportation technology, Maryland Gov. Larry Hogan released the state’s Connected and Automated Vehicle Strategic Framework.
December 22, 2020Lidar Makers Jump After Report on Apple’s Autonomous Car Plans
Some lidar suppliers gained Dec. 22 after Reuters reported that Apple Inc. plans to build a self-driving car for consumers and is tapping outside partners for elements of the system as it develops its own battery technology.
December 22, 2020