Starsky Robotics became the first self-driving truck startup to cease operations after raising an estimated $17 million in venture capital in 2018, then failing later to secure more investors, according to people familiar with the matter.
March 4, 2020Search
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Alphabet’s Waymo Raises $2.25 Billion for Driverless Cars
Waymo raised $2.25 billion from a slate of private equity investors, venture capitalists and automotive companies, the first time Alphabet Inc.’s autonomous vehicle unit has taken outside funds.
March 3, 2020Majority of Promising AI Startups Are Still Based in the US
The most promising startups using artificial intelligence are U.S.-based companies working in the fields of health care, retail and transportation, according to a study that looked at budding AI companies around the world.
March 3, 2020Nikola Plans Merger With Publicly Traded VectoIQ Acquisition Corp.
Nikola Corp. announced plans to merge with VectoIQ Acquisition Corp., a publicly traded special-purpose acquisition company, to speed up Nikola’s production of zero-emissions commercial vehicles.
March 3, 2020Deutsche Post Scraps Its Electric Delivery Van Built With Ford
Deutsche Post AG will stop producing its electric delivery vehicle called StreetScooter, bringing to an end a much-hyped venture that was once seen as a possible disrupter to conventional van makers such as Volkswagen AG and Daimler AG.
February 28, 2020Einride to Hire Autonomous Truck Operators in Sweden, US
Swedish technology company Einride on Feb. 27 announced plans to hire two autonomous truck operators over the next year.
February 27, 2020California OKs Passengers for GM’s Cruise Autonomous Vehicle Test
Cruise, the autonomous-vehicle unit of General Motors Co., has been cleared to carry passengers in California.
February 27, 2020Connected Vehicle Experts Discuss OEM Role, Safety
ATLANTA — Original equipment manufacturers have an important role to play in the adoption of connected vehicle technology, according to Chris Lee, vice president of engineering at Great Dane Trailers.
February 27, 2020Editorial: TMC Theme Was New Tech, Skilled Professionals Are Propelling Trucking Forward
While new technology is driving trucking forward, the industry still needs the expertise of service professionals to keep tomorrow’s equipment running smoothly.
March 2, 2020New Autonomous Mileage Reports Are Out, but Is the Data Meaningful?
Alphabet’s Waymo and General Motors-backed Cruise saw their autonomous vehicles require less help from human drivers on California’s public roads in 2019.
February 26, 2020