U.S. auto regulators have opened a preliminary investigation into Tesla’s Autopilot advanced driver assistance system, citing 11 incidents in which vehicles crashed into parked first responder vehicles while the system was engaged. The Tesla vehicles involved in the collisions were confirmed to have either have had Autopilot or a feature called Traffic Aware Cruise Control […]
The cost of Velodyne’s internal drama is starting to add up
Velodyne Lidar, the sensor company that went public a year ago when it merged with special purpose acquisition company Graf Industrial Corp., reported its second quarter earnings Thursday, results that show a company spending more to find new customers for its products while grappling with an increasingly expensive internal drama. Just a few weeks ago, […]
Qualcomm wants to buy Veoneer for $4.6B, beating Magna’s offer
The $3.8 billion sale of Swedish automotive tech company Veoneer to Magna International hit a roadblock Thursday after chipmaker Qualcomm submitted a bid for the company for $800 million more. Qualcomm’s $4.6 billion bid, which comes in at $37 per share, has already received approval from the company’s board and would not need a stockholder […]
Kodiak Robotics’ founder says tight focus on autonomous trucks is working
“We will need to raise more money, as you pointed out, that’s certainly no secret, but I think that we have multiple options to do that.”
Ashirase, a Honda incubation, reveals advanced walking assistance system for visually impaired
The system aims to help users achieve more independence in their daily lives by allowing them to feel which way to walk through in-shoe vibrations connected to a navigation app on a smartphone.