May Mobility (think autonomous, electric shuttles) raises $22m, bringing total investment to $33.6m a shockingly low amount in this industry (VentureBeat
). Also remember last week when I said SoftBank’s Vision Fund was running out of cash?
Well they clearly had a little left as they invested $940m in Nuro, an autonomous delivery startup. (TechCrunch
… Spending capital:
Meanwhile, Uber’s rising operating costs has meant its net loss for the last quarter was $865m. Ouch. And they even had tax breaks working in their favour.
The 3D printed AV:
File this under pretty snazzy. Local Motors has designed an electric, self-driving shuttle which is… 3D printed… and it has a name: Olli. (Bloomberg
Ottawa invests $40m CDN in Blackberry to advance connected car technology. (Bloomberg
Apples to oranges:
Apple released their “Approach to Automated Driving System Safety”. Many are comparing their report to Waymo and Cruise, making it seem the company is lagging behind their peers. But, with minimal information actually detailed, the comparison lacks substance in my humble opinion
is scheduled for March - likely beating Uber to the race. They are rumoured to be listing their shares on Nasdaq. (WSJ
Citymapper’s latest quip:
The transit app has released a new service that gives Londoners access to public transport, cycle share, and their own ride-hailing service. It looks flashy, but as a Londoner, somehow I can’t see this scheme picking up.
Tesla self-driving car is ~coming~:
It was meant to be here in December, then in the spring, and then before that, yada yada yada. Industry analysts highly doubt Tesla and Mr. Musk will keep his promises this time around. (CNBC
Uber and Cruise open up their visualization software to the general public. Cruise’s blogpost on the software (“Worldview”) details how powerful the program truly is. (Cruise