autonomous vehicle

Waymo, the autonomous vehicle subsidiary of Google parent Alphabet, Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) has seen unprecedented growth in its ride-hailing operations and established itself as a leader in driverless vehicle technology. What To Know: In just five months, from late 2024 to early 2025,...

The autonomous vehicle market is witnessing its first direct competition as Tesla Inc. (NASDAQ:TSLA) prepares to launch robotaxis in Austin next month while Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo expands testing across multiple U.S. cities. What Happened: Ross Gerber, CEO of...

Uber Technologies Inc. (NYSE:UBER) shares are slightly higher on Tuesday following a series of partnership announcements that signal a deeper push into autonomous vehicle deployment and retail delivery expansion. What To Know: The company disclosed a new agreement with Pony.ai Inc. (NASDAQ:PONY) to...

Uber Technologies Inc (NYSE:UBER) shares are up on Thursday, despite the company reporting an earnings miss for the fourth quarter. The company reported its quarterly results amid an exciting earnings season. Here are some key analyst takeaways. JPMorgan On Uber Technologies Analyst Doug Anmuth...

Tesla Inc's (NASDAQ:TSLA) recent "We, Robot" event, which showcased the CyberCab and RoboVan, left many wondering how it might impact the rideshare space. But for Uber Technologies Inc (NYSE:UBER) investors, the consensus among analysts seems to be that while Tesla’s autonomous vehicle (AV)...

In a recent strategic move, Uber (NYSE:UBER) has announced a partnership with Wayve, a U.K.-based startup Embodied AI for autonomous driving. The ride-hailing giant has also invested in Wayve’s Series C funding round. What Happened: As per a press release on Thursday, Wayve and Uber have...

In a move that could reshape the autonomous vehicle industry, the U.S. Commerce Department is said to be readying a proposal to ban Chinese software in autonomous and connected vehicles, according to insiders. What Happened: The Biden administration is planning to issue a proposed rule that would...

Emil Michael, former chief business officer at Uber Technologies Inc. (NYSE:UBER) recently expressed skepticism about the financial feasibility of robotaxis, citing the high cost of production. What Happened: Michael shared his views on how long it will take for autonomous taxis to become a reality...

Honda Motor Co (NYSE:HMC) CEO Toshihiro Mibe on Tuesday indicated a delay in the deployment of self-driving cars in central Tokyo, previously slated for 2026 in partnership with General Motors Co (NYSE:GM) and its autonomous vehicle unit Cruise. What Happened: Mibe on Tuesday told Bloomberg that...

After remaining dormant for a while, speculation regarding Apple Inc.'s (NASDAQ: AAPL) autonomous vehicle was making the rounds yet again. What Happened: Apple has made overtures to some South Korean EV component manufacturers, including LG Electronics and SK Group, two...

Cruise is planning to test Chevrolet Bolt EVs, which are equipped with driverless technology. What Happened: Autonomous vehicle company Cruise has received a permit to carry passengers in its self-driving vehicles in California. In a statement, the California Public Utilities Fee (CPUC)...

TechCrunch reports that SoftBank, a Japanese multinational holding group, has led a $940 million investment in autonomous delivery startup Nuro. Gaorong Capital, Greylock Partners and Softbank have previously raised $92 million for Nuro. According to Reuters, this latest round of financing puts the...

Labor continues to rumble in warehousing sector; Autonomous truck demos one thing, but roadworthy vehicle is another. Good day, In the last week before Christmas, Amazon (Nasdaq: AMZN) is facing a test in the largest market in Europe. German trade union Ver.di is calling for strikes at two of the...

Referred to as “China’s Tesla,” start-up Nio Inc. (NYSE: NIO) is Tesla Inc. (NASDAQ: TSLA)'s rising competitor in the autonomous electric car landscape. Based on Friday’s stock performance, Nio might have the ability to surpass other companies in the space. Nio...

Tesla Inc (NASDAQ: TSLA) is making progress on autonomous vehicles with its camera-only approach, but other manufacturers sold on LiDAR have been stunted by the sensor’s high expense and limited manufacturability. “The self-driving car industry has been held back for the last two years...