While creating self-driving car systems, it’s natural that different companies might independently arrive at similar methods or results — but the similarities in a recent “first of its kind” Nvidia proposal to work done by Mobileye two years ago were just too much for the latter company’s CEO to take politely. Amnon Shashua, in a […]
Ouster has raised $60 million as the San Francisco-based lidar startup opens a new facility that will have the capacity to assemble and ship several thousand sensors a month by the end of 2019. The new factory, which will have a grand opening ceremony March 28, currently produces hundreds of sensors per month. Ouster says […]
A pair of security researchers dominated Pwn2Own, the annual high-profile hacking contest, taking home $375,000 in prizes including a Tesla Model 3 — their reward for successfully exposing a vulnerability in the electric vehicle’s infotainment system. Tesla handed over its new Model 3 sedan to Pwn2Own this year, the first time a car has been […]
Pretty much every self-driving car on the road, not to mention many a robot and drone, uses lidar to sense its surroundings. But useful as lidar is, it also involves physical compromises that limit its capabilities. Lumotive is a new company with funding from Bill Gates and Intellectual Ventures that uses metamaterials to exceed those […]
Ride-hailing platform Ola announced today that it has raised $300 million from Hyundai and Kia as part of a strategic partnership focused on electric vehicle development. This brings the company’s total raised to $3.8 billion according to Crunchbase. Ola’s last funding was announced just three weeks ago, when the company said it had raised $56 […]
Ola, Uber’s key rival in India, is doubling down on electric vehicles after it spun out a dedicated business, which has pulled in $56 million in early funding. The unit is named Ola Electric Mobility and is described as being an independent business that’s backed by Ola. TechCrunch understands Ola provided founding capital, and it […]
Tesla’s general counsel, a veteran trial lawyer, has been replaced with a company insider just two months after taking the post. Dane Butswinkas, who was named Tesla general counsel in December, is leaving the company, Tesla confirmed. Jonathan Chang, who was most recently vice president of legal at Tesla, has taken over the general counsel position. […]
Cluno, the Munich startup providing what it calls a “car subscription” service, has raised $28 million in Series B funding. The round is led by Valar Ventures, the U.S.-based venture capital firm founded by Peter Thiel. Acton Capital Partners and Atlantic Labs, which both backed the company’s Series A round, also participated. It brings total […]
Electrify America, the entity set up by Volkswagen as part of its settlement with U.S. regulators over its diesel emissions cheating scandal, plans to install Tesla Powerpack battery systems at more than 100 of its electric vehicle charging stations this year. Electrify America aims to use the Tesla Powerpacks to offset the cost of charging for […]
Apple’s secretive efforts to develop a self-driving car — its so-called ‘Project Titan’ — have taken a hard turn in 2019 after it emerged that the iPhone-maker has reassigned 200 employees previously involved in its development. That’s according to CNBC which, citing sources, reported that a portion of the 200 staff were moved to other […]