Biden administration plans to issue a proposed rule that would bar Chinese software in vehicles in the United States with Level 3 automation
Minus Zero, founded in 2021, is backed by technology venture capital fund Chiratae Ventures among other investors
The company has been focusing its comeback plan on Texas, which has relatively liberal regulation for companies that seek to operate autonomous vehicles in the state
Companies says first such electric platform in country will help port industry in zero emission
WeRide, a China-based autonomous driving startup, said that it would deepen development with Nissan on autonomous driving technology for the China market as it raised $310 mn at a $3.3 bn valuation
Toyota is acquiring the autonomous car division of ride-hailing platform and Uber rival Lyft for $550 million, as the self-driving car industry begins to grow
Hari Balakrishnan of MIT has been working on inferring bad driving behaviour using sensor data from phones and other IoT devices in vehicles to help reduce thousands of road crashes each year
The study also dwells on consumer preference with regard to data privacy and the money Indian buyers are willing to spend on connected vehicles.
Annual revenue from the chips used in driverless vehicles globally should more than double to $5 billion by 2021