Autonomous driving firm Momenta targets $752m in Hong Kong listing
Autonomous driving software company Momenta has launched an initial public offering (IPO) on the Hong Kong Stock Exchange, seeking to…
Autonomous
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Qualcomm and Wayve: Collaborating for driver assistance
Technology and semiconductor company Qualcomm, recently announced a collaboration with AI software company, Wayve, with an aim to lower barriers…
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NHTSA steps up Tesla FSD probe
The US National Highway Traffic Safety Administration (NHTSA) has stepped up its review of Tesla vehicles equipped with Full Self-Driving…
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TomTom maps to support Cariad automated driving systems
Cariad, the Volkswagen Group’s automotive software subsidiary, plans to embed TomTom’s Orbis Maps as a central element in its future…
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Changan hails L3 autonomous driving approval in China
Changan Automobile says it has been granted Level 3 (L3) autonomous driving product access approval as part of China's ‘first…
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Grab to invest $60m in remote driving company Vay
Singapore-based mobility services provider Grab is investing $60m in cash for a minority position in Germany’s remote-driving startup Vay Technology…
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Stellantis and Pony.ai partner for Europe robotaxi development
Stellantis and Pony.ai have announced they have signed a non-binding Memorandum of Understanding (MoU) aimed at accelerating the development and…
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Nissan announces autonomous mobility pilot in Japan
Nissan Motor Co., Ltd., BOLDLY Inc., Premier Aid Inc., and Keikyu Corporation, have announced details of an autonomous mobility service…
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TIER IV secures credit facility with Japanese bank SMTB
TIER IV, a specialist in open-source software for autonomous driving, has secured a credit facility worth US$7 million (¥1 billion)…
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Momenta targets new funding at valuation above $5bn
Chinese autonomous driving company Momenta is pursuing a fresh funding round at a valuation exceeding $5bn, reported Bloomberg, citing sources…
