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The Series B funding round brings the startup's total fundraising to $258 million and includes new investments from venture capital firms D1 Capital Partners, Moore Strategic Ventures and Linse Capital, plus fresh capital from investors including Microsoft.

UK Self-Driving Startup Wayve Raises $200 Million To Scale Up Technology

Jan 23, 2022 09:22 PM

1 mins read

The Series B funding round brings the startup's total fundraising to $258 million and includes new investments from venture capital firms D1 Capital Partners, Moore Strategic Ventures and Linse Capital, plus fresh capital from investors including Microsoft.

Nonprofit Groups To Rate U.S. Vehicle Driver Monitoring Systems

By Reuters

Jan 23, 2022 07:40 PM

The announcements come amid scrutiny of Tesla's driver assistance system Autopilot, which handles some driving tasks and allows drivers to keep their hands off the wheel at times.

Upcoming Volkswagen Compact Sedan Spotted Testing In India

By Charanpreet Singh

Jan 23, 2022 04:57 PM

The upcoming Volkswagen compact sedan, which most likely will be called Virtus, has been spotted on test yet again. It will be based on the new MQB-A0-IN platform, which also underpins the upcoming Skoda Slavia.

Europe's EV Drive Comes With Environmental, Social Risks, Stellantis CEO Says

By Reuters

Jan 23, 2022 12:39 AM

CEO Carlos Tavares has mapped out a 30 billion euro ($34 billion) electrification plan that helped Stellantis shares surge more than 60% in their first year.

Mobileye, Zeekr Aim For Self-Driving Car In China In 2024

By Reuters

Jan 23, 2022 12:31 AM

Mobileye plans to work with Geely Holding-backed Zeekr to launch in China what the companies claim will be the world's first mostly self-driving car in 2024.

Chinese EV Startups Turn To Nvidia In The Race To Catch Tesla

By Reuters

Jan 23, 2022 12:17 AM

Nvidia said auto suppliers and contract manufacturers Desay, Flex, Quanta, Valeo and ZF also will use its Drive platform as the foundation for automated driving systems in vehicles they engineer for EV brands.

GM Aims To Launch Personal Self-Driving Car By Mid-Decade: CEO

By Reuters

Jan 23, 2022 12:03 AM

General Motors Co aims to introduce a "personal autonomous vehicle" by mid-decade, said Chief Executive Mary Barra.

Blink To Supply EV Chargers At GM Dealerships In North America

By Reuters

Jan 22, 2022 11:50 PM

Blink said it would collaborate with facility solutions provider ABM Industries to supply its IQ 200 Level 2 chargers to dealerships across North America.