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Lidar Startup Aeva Adds $200 Million to SPAC Deal

Aeva, a laser-sensor startup founded by two ex-Apple Inc. engineers, is poised to increase its war chest by $200 million with an investment by a Hong Kong-based hedge fund ahead of its public listing via a reverse merger.

January 4, 2021

Kodiak Robotics to Receive CES Award

Self-driving technology startup Kodiak Robotics announced it was selected as a CES 2021 Innovation Awards honoree, with the presentation to come during the first all-digital CES, which runs Jan. 11-14.

December 23, 2020

Maryland Framework Offers Connected, Automated Vehicle Guide

With an eye toward the future of transportation technology, Maryland Gov. Larry Hogan released the state’s Connected and Automated Vehicle Strategic Framework.

December 22, 2020

Lidar Makers Jump After Report on Apple’s Autonomous Car Plans

Some lidar suppliers gained Dec. 22 after Reuters reported that Apple Inc. plans to build a self-driving car for consumers and is tapping outside partners for elements of the system as it develops its own battery technology.

December 22, 2020

Toyota’s Driverless Shuttles Could Double as ‘Roving Offices’

Toyota Motor Corp. is aiming to commercialize an autonomous shipping-container-like vehicle within a few years that it says could double as a mobile store or roving office.

December 22, 2020

Tesla Slides on First Day of Trading on S&P 500 Index

Tesla Inc. was among the biggest drags on the S&P 500 in its first day of trading on the benchmark.

December 21, 2020

Year in Review: COVID-19, Infrastructure, Regulations Dominate 2020

The memory of 2020 will be forever linked to the COVID-19 pandemic.

December 18, 2020

Tesla Beats Detroit Rivals by Almost Two Years on Brake Safety

Tesla is the lone U.S. automaker to meet a commitment to equip all its models with automatic emergency braking almost two years ahead of schedule.

December 17, 2020

Drones Could Help Bridge the Economic, Social Divides for Vaccine Distribution

The challenge of ensuring equitable distribution of the coronavirus vaccine is one of global scale, and the city of Miami provides a backdrop for the social and economic divides that the medical community must overcome.

December 16, 2020