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VW’s Traton Group strikes a deal with TuSimple to develop autonomous trucks

VW’s Traton Group strikes a deal with TuSimple to develop autonomous trucks The Traton Group, Volkswagen AG’s heavy-truck business, has taken a minority stake in TuSimple as part of an agreement between the two companies to develop self-driving trucks. Neither company disclosed the financial terms of the partnership or the percentage of […]

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The Station: Yandex spins out self-driving biz, Ike takes the SaaS road and a solid-state battery startup strikes SPAC

The Station: Yandex spins out self-driving biz, Ike takes the SaaS road and a solid-state battery startup strikes SPAC The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The […]

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Self-driving startup Argo AI hits $7.5 billion valuation

Self-driving startup Argo AI hits .5 billion valuation Autonomous vehicle technology startup Argo AI is valued at $7.5 billion, just a little more than three years after the company burst on the scene with a $1 billion investment from Ford. The official valuation was confirmed Thursday nearly two months after VW Group […]

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Elon Musk says Tesla is open to licensing Autopilot, supplying powertrains and batteries to other automakers

Elon Musk says Tesla is open to licensing Autopilot, supplying powertrains and batteries to other automakers Tesla CEO Elon Musk noted on Twitter on Tuesday night that the automaker would be “open to licensing software and supplying powertrains & batteries” to other automakers. Musk added that that would even include Autopilot, the […]

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Audi sets up Silicon Valley office to develop automated driving systems for US market

Audi sets up Silicon Valley office to develop automated driving systems for US market Audi has opened an office in Silicon Valley that aims to adapt and develop advanced driver assistance systems for the U.S. market.  The Audi Automated Driving Development (A2D2) R&D office will be located in San Jose and initially […]

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The Station: Spin heads to Europe, Just Eat Takeaway gobbles up Grubhub and a drive in a Bentley Flying Spur

The Station: Spin heads to Europe, Just Eat Takeaway gobbles up Grubhub and a drive in a Bentley Flying Spur The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi friends and first-time readers. […]

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Self-driving vehicle startup Argo AI completes $2.6B deal with Volkswagen, expands to Europe

Self-driving vehicle startup Argo AI completes .6B deal with Volkswagen, expands to Europe Volkswagen Group finalized Tuesday its $2.6 billion investment into Argo AI, the Pittsburgh-based self-driving car startup that came out of stealth in 2017 with $1 billion in backing from Ford. The deal turns Argo into a global company with […]

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Audi launches high-tech car unit Artemis to fast-track a ‘pioneering’ EV to market

Audi launches high-tech car unit Artemis to fast-track a ‘pioneering’ EV to market Audi has created a new business unit called Artemis to bring electric vehicles equipped with highly automated driving systems and other tech to market faster — the latest bid by the German automaker to become more agile and competitive. […]

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Volkswagen to start sales of first edition all-electric ID.3 hatchback in June

Volkswagen to start sales of first edition all-electric ID.3 hatchback in June Volkswagen plans to start selling the launch edition of its ID.3 vehicle next month to customers who placed pre-orders of the all-electric hatchback. Customers who made reservations for the launch edition, known as ID.3 1st, will be able to order […]

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The Station: Audi punts on Level 3, Lyft layoffs and Nio’s $1 billion deal

The Station: Audi punts on Level 3, Lyft layoffs and Nio’s billion deal The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi readers. Welcome back to The Station, a weekly newsletter dedicated to […]

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