Honda Abandons Robotaxi Venture with GM and Cruise Amid Shift in Autonomous Vehicle Strategy
Honda pulls out of robotaxi joint venture with GM and Cruise, citing changes in GM's autonomous vehicle plans and Cruise's commercial ambitions.
Autonomous Vehicles
Microsoft Takes $800 Million Hit from GM's Cruise Robotaxi Program Shutdown
Microsoft to record $800 million impairment charge due to GM's decision to shut down Cruise robotaxi program, a major blow to self-driving car ambitions
Moove Partners with Waymo to Manage Autonomous Fleet Operations, Jumia's Black Friday Sales Soar
Nigerian startup Moove partners with Waymo to manage autonomous fleet operations, while Jumia's Black Friday sales campaign sees a 18% increase in customer orders
Pony AI Set to Debut on Nasdaq with $13 IPO, Raising Up to $452.4 Million
Chinese autonomous driving company Pony AI is set to go public on the Nasdaq, raising up to $452.4 million in its initial public offering, marking a significant milestone for the company and the industry.
Tesla Builds Teleoperations Team for Robotaxi Service, Departing from Self-Sufficiency Rhetoric
Tesla hires software engineer to develop teleoperations system for remote control of robotaxis and humanoid robots, signaling a shift from its previous autonomous driving approach
Tesla Builds Teleoperations Team for Robotaxi Service, Departing from Self-Sufficiency Rhetoric
Tesla hires software engineer to develop teleoperations system for remote control of robotaxis, a departure from CEO Elon Musk's previous claims of full autonomy without human intervention.
Tesla CEO Elon Musk's $56 Billion Pay Package Rejected by Delaware Judge
Delaware Chancery Court Judge Kathaleen St. J. McCormick upholds decision to block Elon Musk's $56 billion pay package, citing concerns over conflicts of interest.
TuSimple Co-Founder Demands Liquidation, Accuses Leaders of Mismanaging Funds
Xiaodi Hou, co-founder and former CEO of TuSimple, demands liquidation and return of $450 million to shareholders, citing mismanagement of funds and accusing leaders of diverting assets to China.
Uber Launches First International Autonomous Vehicle Service in Abu Dhabi with WeRide
Uber partners with WeRide to launch a commercial robotaxi service in Abu Dhabi, marking its first international autonomous vehicle offering.