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Uber celebrated a strong quarter and talked up its position in the autonomous vehicles market in Wednesday's earnings call—but was rewarded with a stock slip of more than 7%.
Aurora Innovation stock rose 29% Tuesday following news the autonomous trucking company had scored a partnership with AI chip giant Nvidia to deploy self-driving trucks at scale.Aurora designs AI ...
Rivian, purveyors of electric luxury off-roaders, had a fairly strong 2024. In its third-quarter financial report, Rivian said that it expects to deliver between 50,000 and 52,000 vehicles in 2024 ...
With a market cap of $5.15 billion, the stock trades at more than 60 times the sales forecast for 2024 and more than 30 times the midpoint of 2025's sales guidance. This is steep for a company ...
On June 25, 2024, the company announced Marc Whitten, a former Amazon and Microsoft executive, as its new CEO. [49] In December 2024, GM stopped funding Cruise. Work on autonomous vehicles was to be incorporated into development of advanced driver assistance systems for personal vehicles, no longer funding autonomous taxis. [8]
In January 2023, WeRide launched a new generation of autonomous driving sensor suite, WeRide Sensor Suite 5.1, at the 2023 International Consumer Electronics Show (CES). [9] In October 2024, WeRide and Uber announced a strategic partnership to bring WeRide’s autonomous vehicles to the Uber platform, starting in the UAE.
Tesla stock soared on Monday following reports that CEO Elon Musk won Chinese approval to deploy the automaker’s Full Self-Driving (FSD) autonomous software on the mainland.As was first reported ...
Plus is an American autonomous driving technology company based in Santa Clara, California. The company develops Level 4 autonomous driving technology for commercial freight trucks. In 2019, the company completed the first cross-country driverless freight delivery in the U.S. The company's self-driving system began to be used commercially in 2021.