Autonomous vehicle startup Applied Intuition has reportedly raised $600 million in new funding. The financing more than doubles the company’s valuation to $15 billion, Bloomberg News reported Tuesday (June 17) ahead of a formal announcement. Applied Intuition, the report notes, works with 18 of the world’s biggest carmakers —...
Alphabet’s Waymo autonomous vehicle division is exploring a collaboration with Toyota to develop an autonomous vehicle platform that would bring self-driving technology to personally-owned cars. The partnership, which would also include Toyota’s innovation arm Woven by Toyota, would accelerate the development of autonomous and driver-assisted...
The everyday goods of life increasingly come from everywhere. Tomatoes are shipped in from Canada, avocados and beer from Mexico, and cheap electronics and apparel from China. And that’s just across grocery and retail. To make it all work, 365 days a year, the global...
The U.S. government’s impending ban on certain car parts from China and Russia, particularly those critical for connectivity and vehicle autonomy, is raising concerns across the automotive industry. Automakers, including General Motors, Toyota, Hyundai and Volkswagen, are calling for a delay in the rule’s enforcement, citing...
January 14, 2025
The U.S. government’s impending ban on certain car parts from China and Russia, particularly those critical for connectivity and vehicle autonomy, is raising concerns across the automotive industry. Automakers, including General Motors, Toyota, Hyundai and Volkswagen, are calling for a delay in the rule’s enforcement, citing potential disruptions to production timelines. The ban, which targets components […]
January 10, 2024
CES 2024 is shaping up to be a watershed event for artificial intelligence (AI) and the connected economy. After the pre-show hype focused on robotics and the connected home, the...
September 20, 2021
The car — that steel horse that’s the main way we get to where we need to go — is rapidly becoming a conduit of commerce. And as that happens,...
July 11, 2017
There’s nothing like that new car smell. And the fun of driving a new car off the dealer’s parking lot. But the process of getting there is anything but fun, especially...
October 09, 2025
Some Volkswagen models in Brazil will be equipped with a customized payment infrastructure from Nuvei. Through a partnership with Volkswagen Brazil, Nuvei will provide this solution that will enable the automaker to offer subscription-based connectivity services through an integrated app in its multimedia system, the FinTech company said in a Thursday (Oct. 9) press release. […]
June 17, 2025
Autonomous vehicle startup Applied Intuition has reportedly raised $600 million in new funding. The financing more than doubles the company’s valuation to $15 billion, Bloomberg News reported Tuesday (June 17) ahead of a formal...
September 24, 2024
Volkswagen of America partnered with Google Cloud to integrate a generative artificial intelligence (AI)-powered virtual assistant into its myVW mobile app for vehicle owners. The myVW Virtual Assistant is now...
March 01, 2024
Volkswagen Group expects its sales revenue growth to slow in 2024. The automaker said in a Friday (March 1) press release that it expects sales revenue to grow “up to”...
