Holon, a subsidiary of the German automotive supplier Benteler, has announced a significant investment in the burgeoning autonomous vehicle industry by establishing a state-of-the-art manufacturing facility in Jacksonville, Florida. The $100 million project aims to produce autonomous electric
WeRide, the Chinese autonomous driving company headquartered in Guangzhou, is gearing up for an initial public offering (IPO) on the Nasdaq stock exchange. The company plans to offer 6.45 million American depositary shares (ADS) within a price range of $15.50 to $18.50. This IPO filing was
The Biden administration is gearing up to roll out a proposal that could significantly alter the landscape of the autonomous and connected vehicle industry in the United States. This proposal is set to bar the use of Chinese-developed software and advanced wireless communication capabilities in
The landscape of the automotive industry is undergoing a radical transformation thanks to the substantial advancements in artificial intelligence (AI) and embedded systems. These technologies are redefining what vehicles can do, promising not just enhanced safety but also a more seamless
In the tumultuous realm of electric vehicles, Tesla, Inc. has consistently illustrated a knack for groundbreaking innovation, particularly in the automotive manufacturing process. But today, whispers within the industry paint a picture of a company at an apparent crossroads. Tesla's visionary
Volvo's partnership with autonomous driving technology firm Aurora has borne fruit with the unveiling of their production-ready autonomous semi-truck. This collaboration signals a critical milestone for the future of self-driving vehicles—moving from theory and testing to potential mass p
