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Uber Raises $1.2 Billion With Aurora-Linked Bond Deal

The rare structure — bonds that turn into equity in another company if the underlying stock exceeds a set price after a period — offered investors a compelling combination of attributes.

May 20, 2025

China’s Pony AI Eyes Profitability With Robotaxi Growth

Pony AI’s report on its first full quarter as a publicly traded company will have investors homing in on how a new generation of robotaxis could put the firm on a path to profitability.

May 19, 2025

Aurora Reverses Course, Puts Human Back in Driver’s Seat

Aurora Innovation is putting a human back in front of the wheel of big rigs operating in Texas, reversing course less than three weeks after the company began commercial autonomous service.

May 16, 2025

Pony AI Is Said to Confidentially File for Hong Kong Listing

Autonomous driving company Pony AI has confidentially filed for a Hong Kong listing to help raise capital to grow its business, according to people familiar with the situation.

May 14, 2025

GM Hires Aurora Co-Founder Sterling Anderson

GM has hired Sterling Anderson, the former director of Tesla’s Autopilot program and a co-founder of autonomous startup Aurora, as chief product officer overseeing all vehicle development.

May 12, 2025

Volvo Autonomous TaaS Product to Be Known as Autona/freight

Volvo Autonomous Solutions’ rollout of its transport-as-a-service offering ramped up a couple of notches in recent days.

May 8, 2025

Aurora Debuts First Driverless Trucking Service in US

Aurora Innovation has launched the nation’s first commercial driverless freight service, sending autonomous 18-wheelers between Dallas and Houston without a human behind the wheel.

May 1, 2025

Toyota Starts Collaboration on Autonomous Cars With Waymo

Japan’s top automaker, Toyota, announced a partnership with U.S. autonomous driving technology company Waymo on April 30.

April 30, 2025

Plus, Hyundai Pitch Vision for Self-Driving Hydrogen Trucks

Hydrogen trucks cost more than diesel models, but autonomous driving capabilities could double the utilization of those vehicles and improve the total cost of ownership calculation.

April 29, 2025

Plus Removes Driver for Unmanned Truck Test on Closed Course

The startup conducted a variety of driverless safety tests with its SuperDrive autonomous driving system installed on an International LT Series Class 8 tractor in East Liberty, Ohio.

April 28, 2025