Business, Technology, Autonomous, TCA

Hyundai to Start Mass Production of Driverless Cars in 2024

Hyundai vehicle SeongJoon Cho/Bloomberg News

South Korean carmaker Hyundai Motor Group will start mass production of self-driving cars within the next five years, said Chung Euisun, the heir to the auto giant, as he made a hefty investment in a joint venture the company established with Aptiv on Sept. 23.

Cho Chung-Un | Asia News Network
September 30, 2019
Business, Technology, Autonomous

Hyundai to Set Up $4 Billion Driverless Car Venture

Hyundai SeongJoon Cho/Bloomberg News

Hyundai Motor Group will spend $1.6 billion to develop autonomous vehicles with Aptiv Plc, marking one of the biggest investments yet by a traditional carmaker into the burgeoning robocar industry.

Kyunghee Park | Bloomberg News
September 23, 2019
Business, Technology, Autonomous

With New Funding, Startup PlusAI Set to Unveil Level 2 Driverless Vehicles

Autonomous truck VCG/Bloomberg News

Sequoia Capital-backed PlusAI Inc. is close to raising about $200 million in new funds at a valuation of more than $1 billion to bankroll its development in autonomous trucks, according to people familiar with the matter.

August 21, 2019
Business, Technology, Logistics, Autonomous

Loadsmart, Starsky Robotics Dispatch Autonomous Truck Automatically

Starsky truck In June, Starsky Robotics performed the first fully unmanned test on a public highway with real traffic. (Starsky Robotics/YouTube)

Loadsmart and Starsky Robotics said the companies have automatically dispatched an autonomous truck to haul freight.

August 12, 2019
Business, Technology, Autonomous

GM Cruise Robotaxi Debut Delayed

GM David Paul Morris/Bloomberg News

General Motors Co.’s self-driving unit is backing off plans to deploy robotaxis by the end of this year, the latest indication of how auto and tech companies are struggling with the challenges of taking humans out from behind the wheel.

David Welch | Bloomberg News
July 24, 2019
Business, Technology, Autonomous

Lyft Making Driverless Data Public in Bid to Speed Development

Lyft Gabby Jones/Bloomberg News

Lyft is making research data on self-driving technology available to the public in a bid to accelerate the development of robotic cars, which is seen as critical to the ride-hailing giant’s future viability.

Keith Naughton | Bloomberg News
July 23, 2019
Business, Technology, Autonomous, TCA

H-E-B to Test Driverless Delivery Service in Texas

H-E-B H-E-B

Texas retailer H-E-B will be implementing a self-driving vehicle for delivery service in San Antonio this year. H-E-B will use one autonomous van with driverless technology to serve customers near Olmos Park for a store location just north of downtown.

Victor Ren | American Statesman Austin, Texas
July 12, 2019
Business, Technology, Autonomous

Chinese Eager for Self-Driving Future; Americans Not So Sure, Survey Shows

Qilai Shen/Bloomberg News

More than half of Chinese consumers can’t wait to get out from behind the wheel and into an autonomous car. That makes China more positive than most about driverless vehicles, with Western consumers cooler on the technology.

Lucca de Paoli | Bloomberg News
May 9, 2019
Business, Technology, Autonomous

World’s Most Valuable AI Startup Explores Automated Cars, Global Expansion

Artificial Intelligence Qilai Shen/Bloomberg News

SenseTime Group Ltd., the world’s most valuable artificial intelligence startup, plans to sustain growth by expanding globally and diving deeper into arenas from autonomous cars to health care.

Lulu Yilun Chen | Bloomberg News
March 21, 2019
Business, Technology, Fuel, Autonomous

BP’s New Existential Question: How to Advertise to a Machine

Simon Dawson/Bloomberg News

The anticipated proliferation of driverless cars will bring a brand new problem for the world’s biggest oil companies -- how to advertise to a machine.

November 30, 2017

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