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Autonomous Driving Tech Firm TuSimple To Raise Over $1B In IPO Valued At $8.3B
Wednesday, April 7, 2021 - 2:02pm | 514Read More...Autonomous-driving technology company TuSimple Holdings Inc (NASDAQ: TSP) offered 27 million shares along with 6.76 million shares from a selling shareholder at an expected offer price bracket between $35 and $39 in its initial public offering (IPO) valued at $8....
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Xpeng's Autonomous P7 Vehicle Fleet Drives 3,600 Kms, Sets Record
Wednesday, March 31, 2021 - 12:56pm | 387Read More...Xpeng Inc (NYSE: XPEV) announced Wednesday it had set a record for the longest autonomous drive in China. What Happened: A Chinese electric and autonomous vehicle maker, XPeng completed its 3,000 km navigation-assisted autonomous driving expedition beginning in Guangzhou on March 19 and...
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Nio Signs Pact With Infrastructure Firm For Battery-Swap Stations In Beijing: What You Need To Know
Sunday, March 21, 2021 - 12:06pm | 412Read More...NIO Limited (NASDAQ: NIO) has signed an agreement with a government infrastructure firm to build battery-swap stations, according to CnEVPost. What Happened: Nio Power Beijing, a subsidiary of Nio, signed a five-year agreement with state-owned Beijing Shoufa Industrial and Trading Co to put battery...
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Thinking About Buying Stock In Xpeng, GE, Tesla Or Apple?
Sunday, March 21, 2021 - 11:36am | 541Read More...One of the most common questions traders have about stocks is “Why Is It Moving?” That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving. Here’s the latest news and updates for...
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Ark More Convinced On Tesla's Autonomous Strategy And Cathie Wood Says A New Price Target Is Coming Soon
Wednesday, March 3, 2021 - 7:36pm | 519Read More...Ark Investment Management Founder and CEO Cathie Wood has been one of the most notable bulls on Tesla Inc (NASDAQ: TSLA) over the years. She joined Benzinga's "Raz Report" Wednesday for an exclusive interview and shared her thoughts on Tesla. Wood on Tesla: Wood highlighted Tesla...
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Tesla Safety Report Shows Fewer Accidents Per Mile With Autopilot
Thursday, January 14, 2021 - 4:14pm | 304Read More...Tesla Inc (NASDAQ: TSLA) has some of the safest cars on the road, according to NHTSA testing. The Model Y recently scored a five-star safety rating in all categories tested. Every quarter, Tesla releases a safety report showing how many accidents per mile occur in the company...
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Recognizing And Reducing The Impact Of Auto Cyberattacks
Wednesday, August 5, 2020 - 2:25pm | 618Read More...Over the past decade, the share of connected vehicles in the automobile market has steadily increased. Electrification trends, autonomous driving development and rising consumer interest in shared mobility ensure that connected vehicles will dominate the auto market in the future. That said,...
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SmartDrive Releases New Driver Alert Systems: Bad Weather And Parked Vehicles
Tuesday, July 21, 2020 - 11:49am | 880Read More...SmartDrive is rolling out two new products aimed at increasing driver safety, but unlike its other safety-focused core product, the new ones won't involve cameras directly. Instead, they will be fed by actual and virtual sensors, combining data to provide drivers with information on safety hazards...
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Waymo Shuts Safety Driver-Monitored Autonomous Taxis Citing Coronavirus Fears
Wednesday, March 18, 2020 - 10:23am | 527Read More...Waymo, the autonomous driving unit of Alphabet Inc (NASDAQ: GOOGL), has announced that it will shut down all of its human-monitored self-driving taxis across Phoenix, Arizona, in a bid to protect employees from contracting the coronavirus. However, the truly self-driving vehicles that run without...
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Today's Pickup: Daimler Trucks, Torc Robotics To Expand Autonomous Driving Testing
Tuesday, February 18, 2020 - 1:44pm | 796Read More...Good day, Daimler Trucks (OTC: DDAIF) and its partner Torc Robotics plans to expand Level 4 autonomous vehicle testing in the U.S., the companies announced in a press release this morning. Level 4 vehicles are able to operate without a driver in the vehicle, although in current testing in...
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GM Invests $2B In Detroit Plant, Retools For Self-Driving EVs
Tuesday, January 28, 2020 - 10:41am | 494Read More...General Motors Company (NYSE: GM) will convert its Detroit-Hamtramck Assembly plant into its first all-electric vehicle plant. The factory will begin production on electric pickups and the Cruise Origin, a self-driving EV, in 2021 following a $2.2 billion retooling. "This will be General...
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Tesla, Musk Approach Historic Milestones As Automaker's Stock Rally Continues
Wednesday, January 8, 2020 - 4:53pm | 313Read More...Tesla Inc. (NASDAQ: TSLA) passed by Ford Motor Company (NYSE: F) and General Motors (NYSE: GM) in combined market value Wednesday, pushing the electric autoaker's market value to nearly $89 billion. This comes after a series of achievements; Tesla posted surprise profits last...
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Freight Forwarder Airspace Technologies Relies On Round-The-Clock Machine Learning
Thursday, November 14, 2019 - 10:38am | 773Read More...Most of the time when executives in transportation and logistics cite "machine learning," it's little more than a buzzword that evokes vague notions of technology continually improving itself. That was decidedly not the case with Ryan Rusnak, chief technology officer at Airspace Technologies, a...
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Ford Confirms Expansion Of Autonomous Driving Initiative With Volkswagen
Friday, July 12, 2019 - 8:57am | 412Read More...U.S.-based automaker Ford Motor Company (NYSE: F) and German counterpart Volkswagen AG announced Friday an expansion of their global alliance to include autonomous driving and electric vehicles. The Detroit News first reported on the partnership Wednesday night. What Happened Ford and Volkswagen...
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Autonomous Driving Startup Drivent Comes Out Of Stealth Mode
Wednesday, May 8, 2019 - 3:03pm | 648Read More...Drivent, an autonomous driving technology startup, announced on May 8 that it has been certified to test self-driving vehicles in the state of Washington, along with market frontrunners like Waymo, NVIDIA Corporation (NASDAQ: NVDA) and Torc Robotics. With that, Drivent leaves the stealth mode it...
