Technology

Reuters

Mar 1, 2022, 1:13 AM

German Mobility Startup Vay Raises $95 Million

Vay raised $95 million from investors such as Kinnevik, Coatue and Eurazeo, as it planned to launch its first car-rental service in Hamburg next year.

1 Min

• 
  Reuters | Mar 1, 2022

  BYD And Momenta Establish Joint Venture For Autonomous Driving Technology

  The new venture, called DiPi Intelligent Mobility Co and located in Shenzhen, combines BYD's capabilities as an automaker with Momenta's experience in intelligent driving.

  1 min read
• 
  Reuters | Mar 1, 2022

  Robotaxi Race Opens Up As Top Contender Waymo In Low gear In Arizona

  Companies including Ford Motor Co's Argo AI and General Motors Co's Cruise are competing for the billions of dollars in financing needed to automate driving through artificial intelligence software and expensive sensors.

  1 min read
• 
  Reuters | Mar 1, 2022

  GlobalFoundries Posts 56% Rise In Quarterly Sales On Booming Chip Demand

  The company makes silicon wafers for chip designers, such as Advanced Micro Devices and Broadcom Inc, that do not have their own fabrication plants, called fabs.

  1 min read
• 
  Reuters | Mar 1, 2022

  Waymo Has Tens Of Thousands People On San Francisco Robotaxi Waitlist, Co-CEO Says

  Waymo is among a small number of companies around the world that have billions of dollars in financing to develop self-driving cars and trucks.

  1 min read
• 
  car&bike Team | Feb 28, 2022

  Musk's Bets On Tesla: Human-Like Robots And Self-Driving Cars

  "I would be shocked if we do not achieve full self-driving safer than human this year. I would be shocked," Elon Musk said.

  1 min read
• 
  car&bike Team | Feb 28, 2022

  Apple Makes Easy Escape From Supply Crisis, But Others Like Tesla May Have To Wait

  Companies from electric automaker Tesla Inc to wafer fabrication equipment supplier Lam Research have warned again that supply chain issues, which crippled several industries, would continue to limit production this year.

  1 min read
• 
  car&bike Team | Feb 28, 2022

  Japan Urges More Chip Tie-Ups With Taiwan At Trade Talks

  Japan-Taiwan Exchange Association Chairman Mitsuo Ohashi praised Taiwan Semiconductor Manufacturing Co Ltd (TSMC)'s plans to expand in Japan. Expects these collaborations can continue to expand.

  1 min read
• 
  car&bike Team | Feb 28, 2022

  Chinese Autonomous Driving Startup Raises $157 Million From Hillhouse, Meituan

  Haomo will use the funds raised from investors to build its talent pool and enhance its R&D capability, the company said in a statement on Wednesday.

  1 min read