Verizon Business Partners With Monarch Tractor
Verizon Business VZ -0.46%↓ and Livermore, Calif.-based Monarch Tractor, which offers the MK-V electric smart tractor, have partnered to support sustainable farming practices via autonomous tractors connected through Verizon’s network.
The...
Cruise Gets $850 Million From GM
Company has burned through $8.2 billion since 2017, hopes to restart testing
There is hope for Cruise, the robotaxi company that was forced to cease operations...
Weekly Connected and Autonomous Vehicle News
💰 Wayve Raises Over $1 Billion. “Wayve has announced a $1.05 billion Series C investment round led by SoftBank, with contributions from new investor NVIDIA NVDA -1.31%↓ and existing investor Microsoft MSFT 0.71%↑. to...
Weekly Connected and Autonomous Vehicle News
Connected and Autonomous Vehicles:
🚕 Mercedes Joins Forces With Bosch To Develop Self-Driving Taxis. “The pact between the world's largest maker of premium cars and the world's...
Weekly Connected and Autonomous Vehicle News
Connected and Autonomous Vehicles:
💲 Porsche, Lamborghini, and Bentley To Use Mobileye's Autonomous Tech. “The second largest car manufacturer in the world (after Toyota) will acquire partial and...
Mike Sheldrick: Journalist and Telematics Industry Veteran
Industry veteran Michael Sheldrick passed away last week. Sheldrick, 82, who worked not only as a journalist for Business Week, Fleet Management Weekly and other publications, was a...
Weekly Connected and Autonomous Vehicle News
Connected and Autonomous Vehicles:
💰 Applied Intuition Lands $6B Valuation for AI-Powered Autonomous Vehicle Software. “The eye-popping funding round is the latest example of investor fervor for...
Weekly Connected and Autonomous Vehicle News
Connected and Autonomous Vehicles:
😐 Waymo's Robotaxi Expansion Plans in California Put On Hold by Regulators. “Waymo’s plan to expand its robotaxi service in Los...
U-Blox Sees Record Automotive Project Awards
Automated driving spurs GNSS module growth--and potential revenues of $100 million starting in 2026
Thalwil, Switzerland-based u-blox has announced new project awards with “major automotive customers”...
HERE Technologies Names Nefkens CEO
Gets top job at largest mapping company…
After a lengthy search, HERE Technologies has appointed industry veteran Mike Nefkens as CEO. Nefknes, who most recently was with Boston Consulting Group,...