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Teaming up with the SPAC controlled by former investment banker Michael Klein will put a valuation of $1.2 billion on Plus. The combined entity will be known as PlusAI.

Tesla is poised to begin its long-awaited robotaxi service in Austin, Texas, on June 12, according to a person familiar with the matter.

Washtenaw County officials are opposed to proposed express lanes on about 39 miles of Interstate 94 between Ann Arbor and Detroit that one day could be dedicated to self-driving vehicles.

The rare structure — bonds that turn into equity in another company if the underlying stock exceeds a set price after a period — offered investors a compelling combination of attributes.

Pony AI’s report on its first full quarter as a publicly traded company will have investors homing in on how a new generation of robotaxis could put the firm on a path to profitability.

Aurora Innovation is putting a human back in front of the wheel of big rigs operating in Texas, reversing course less than three weeks after the company began commercial autonomous service.

Federal safety regulators have asked Elon Musk and Tesla to explain how its driverless taxis will avoid causing accidents when they hit the road in Texas next month before a national rollout.

Aurora Innovation has launched the nation’s first commercial driverless freight service, sending autonomous 18-wheelers between Dallas and Houston without a human behind the wheel.

Japan’s top automaker, Toyota, announced a partnership with U.S. autonomous driving technology company Waymo on April 30.

Hydrogen trucks cost more than diesel models, but autonomous driving capabilities could double the utilization of those vehicles and improve the total cost of ownership calculation.