Weekly Connected and Autonomous Vehicle News

Connected and Autonomous Vehicles:

🏛 Self-Driving Truck Company TuSimple Settles Fraud Lawsuit for $189 Million. “TuSimple reached a $189 million settlement of a lawsuit accusing the self-driving truck technology company of defrauding shareholders by overstating its safety record and concealing three insiders’ control of a Chinese trucking rival.”

💲 Waymo’s Robot Taxis Are Almost Mainstream. Can They Now Turn a Profit? “Now that its technology is showing it can work on city streets, Alphabet, which owns Waymo, plans to invest billions more.”

😮 Tesla Will Need Some Hollywood Magic for Its Robotaxi Reveal. “Bloomberg reported that Tesla TSLA -0.44%↓ was planning on using [Warner Brothers] lot in Burbank, California, to reveal its next-generation robotaxi on October 10th. And…Tesla Full Self-Driving Is Finally Coming To Europe And China In 2025.

😐 Mobileye’s China Gamble Backfires: How Chaos in the World’s Largest Car Market Cut Its Value by Two-Thirds. “Dependence on China has turned into a nightmare for the autonomous vehicle leader.”

🏎 University Of Virginia Becomes First American Team To Win Indy Autonomous Challenge, Averaging 171 MPH.

🚛 Gatik AI Exec Unpacks the Regulations That Could Shape the AV Industry. “Gatik’s vice president of government relations tells Tech Brew that a controversial California bill would be a “poison pill” for the autonomous trucking sector.”

🚗 Nuro Is Branching out Into Robotaxis and Personally Owned Autonomous Vehicles. “The delivery robot company says it will license its Nuro Driver technology to automakers and mobility providers.”

🤷‍♂️ Why the Self-Driving Car Craze Slowed Down. “Like so much else, the COVID pandemic was a turning point with AVs. Seeing companies shut down put pressure on ridesharing companies to cut costs.”

🚘 BYD To Use Huawei’s Autonomous Driving System. “BYD partnered with Huawei to integrate Huawei’s advanced autonomous driving system, Qiankun, into BYD’s off-road Fang Cheng Bao electric vehicles.”

👍 BAE Systems Unveils ‘ITAR Free’ Autonomous Combat Vehicle at Land Forces.

Fleet:

📌 Teletrac Navman Expands Fleet Management Integrations with EKOS. Teletrac Navman has integrated its TN360 fleet management platform into EKOS Fleet Fuel and EV Management solutions.

🚍 AMCS Acquires Qv21 Technologies, Strengthening Its Transportation Management Capabilities. “Qv21 Technologies’ fleet management and logistics SaaS solutions to support improved waste-to-resource conversion and sustainability for organizations.”

Financial:

💰 Forterra $75 Million Series B Aimed At Driverless For Defense And Industry.