Driverless technology startup Aurora Innovation Inc. has agreed to go public via a merger with Reinvent Technology Partners Y, a blank-check firm led by executives including LinkedIn co-founder Reid Hoffman and Zynga Inc. founder Mark Pincus.
July 15, 2021Search
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Toyota Tech Arm Plans Self-Driving Acquisition Spree
Toyota Motor Corp.’s software and technology arm plans to embark on an ambitious hiring and acquisition spree as automakers globally jostle for pole position in the race to develop smart cars that will one day drive themselves.
July 14, 2021EV Battery Maker SES Agrees to Go Public Via Ivanhoe SPAC
Battery maker SES Holdings Pte has agreed to go public by merging with Ivanhoe Capital Acquisition Corp. in a deal that will value the combined company at about $3.6 billion.
July 13, 2021TRB Panelists Talk Automated Trucking’s Implications on Driver Shortage, Safety
Automated trucking applications, particularly in the longhaul sector, have the potential to help alleviate some of the strains associated with the industrywide driver shortage, a panel of experts told researchers.
July 12, 2021Flying Taxi Startup Whisper Aero Aims to Keep Noise Levels Down
A startup called Whisper Aero, which is disclosing its plans for the first time, thinks it may be well on its way to solving a noise problem related to drones.
July 12, 2021Ford-Backed Argo Chooses Citigroup, JPMorgan to Go Public
Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, is working with investment bankers as it prepares to go public as soon as this year with a valuation expected to top $7 billion.
July 8, 2021NHTSA Orders Automated Vehicle Makers to Report Crashes
The U.S. government’s highway safety agency has ordered automakers to report any crashes involving fully autonomous vehicles or partially automated driver-assist systems.
June 29, 2021Robotics Firm AutoStore Plans IPO at $10 Billion Value
AutoStore is weighing an initial public offering that could value the Norwegian warehouse robotics company at more than $10 billion, according to people familiar with the matter.
June 29, 2021Alphabet Jumps Into Drone Air-Traffic Control With Flight App
Alphabet Inc.’s drone-delivery venture, Wing, is releasing free software for U.S. drone users to get permission to fly near sensitive areas such as airports.
June 29, 2021Xos Delivers Test Vehicles to UniFirst
Xos Inc., a Los Angeles-based manufacturer of fully electric Classes 5-8 commercial vehicles, announced it signed an agreement to deliver three Xos electric step vans to UniFirst Corp. in a test program with potential for additional vehicle purchases for use across the United States.
June 29, 2021