On Friday, in a statement Chinese autonomous driving startup Momenta said it has received $500 million from Toyota Motor, SAIC Motor, and Bosch; the move underscores the global auto industry’s push towards an autonomous future. Other investors in the funding round include Yunfeng Capital, Daimler AG, Tencent, Temasek, said Momenta in a statement without disclose…
The alliance is weighing its options of extending their collaboration in various technologies including, autonomous vehicles, advanced batteries and mobility services. On Wednesday, Renault-Nissan and Daimler stated, they could possibly expand their cooperation to include autonomous cars, battery technology and mobility services. “The industry being in transformation in the area of connectivity, autonomous cars and…
By expanding its partnerships with companies involved across the supply chain of the self-driving car market, Nvidia is rapidly expanding its footprint in this emerging segment. Aimed at increasing its footprint in the emerging autonomous vehicle industry, Nvidia Corp stated it will partner with Volkswagen AG and Uber Technologies Inc to bring about further gains…
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