Einride raised about $100 million in funding to accelerate the development and deployment of its road freight technology solutions.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The Sweden-based company offers a p ...

Core Points - New York City regulators have extended Waymo's autonomous vehicle testing permit through the end of the year, allowing the company to continue its testing efforts in the city [1][2] - The extended permit allows Waymo to deploy up to eight Jaguar I-Pace vehicles in Manhattan and Downtown Brooklyn, with a human safety operator present [2] - Waymo's permit extension indicates progress towards potentially being the first autonomous vehicle company to launch a robotaxi service in New York City, where it has been attempting to operate since 2021 [3][4] Regulatory Environment - The initial permit was granted in August and was set to expire at the end of September, but the extension maintains the same terms [2] - Waymo's drivers are exempt from New York's regulations requiring one hand on the wheel at all times due to the permit [2] - Despite the permit, Waymo cannot carry passengers or operate a commercial robotaxi service without obtaining additional licenses from the city's Taxi and Limousine Commission [4] Challenges - There is currently no permitting structure in New York that allows for the testing or deployment of robotaxis without a human safety driver [5] - Legislation has been introduced to create a framework for driverless operation, but no laws have been passed yet [5]

Company Overview - Aurora is a mission-driven company focused on delivering the benefits of self-driving technology safely, quickly, and broadly [3] - The company is currently operating driverless on its launch lane, which runs from Dallas to Houston [3] - Aurora has surpassed 50,000 miles of operation as of early September [3] Industry Context - There is significant excitement surrounding the autonomous vehicle (AV) industry, indicating a growing interest and potential for innovation [1]

Pony AI Inc. (NASDAQ:PONY) is one of the Most Promising New Technology Stocks to Buy According to Hedge Funds. On September 20, Pony AI Inc. (NASDAQ:PONY) announced its entry into the Singapore Market by partnering with ComfortDelGro. ComfortDelGro is one of Singapore’s largest transportation service providers. As part of this partnership, the companies will launch autonomous vehicle services in the Punggol area. This initiative supports Singapore’s plan to integrate autonomous vehicles with existing tran ...

Cathie Wood has built ARK Invest around the idea that disruptive autonomy changes the game completely. She’s been bullish on robotaxis for years, arguing that it’s likely to flip auto economics into software-like margins and dominate valuations. That view runs straight through Tesla  (TSLA) stock, which ARK’s latest model pegs at $2,600 by 2029 (bear $2,000, bull $3,100). Also, Wood estimates that Tesla Robotaxis will contribute 90% of the company's enterprise value to a multi-trillion-dollar opportunity ...

Company Overview - Kodiak AI went public through a merger with Ares Acquisition Corporation II, valuing the startup at approximately $2.5 billion [3] - The company raised $275 million in financing, with $212.5 million from institutional investors, including $145 million in PIPE funding and $62.9 million in trust cash from Ares [2] Business Operations - Kodiak AI is developing autonomous vehicles for various applications, including highway, industrial, and defense uses [3] - The company is focused on unstructured autonomy, particularly in defense logistics and reconnaissance operations [7] Partnerships and Contracts - Gatik, another autonomous vehicle startup, has formed a multi-year partnership with Loblaw, deploying 20 autonomous trucks by the end of 2025 for driverless deliveries in the greater Toronto area [5] - The trucks will operate autonomously across a regional network, picking up products from two distribution centers and delivering to over 300 retail stores [4] Industry Trends - The autonomous vehicle industry is still in its early stages, with significant capital requirements and ongoing developments [6] - Companies are exploring various routes to access public markets, with SPACs being a popular choice for funding [7] Recent Developments - Hyundai's electric air taxi startup Supernal is undergoing a reorganization of its leadership team amid challenges in its air taxi program [9][10] - Battery materials startup Sila has commenced operations at its facility in Moses Lake, Washington, which is the first large-scale silicon anode factory in the West [20]

Kodiak AI Inc. (NASDAQ: KDK ) has begun trading on the Nasdaq after Ares Acquisition Corp. II shareholders approved its SPAC deal valued at $2.5 billion. As I write articles on autonomous vehicles for SA, I feel compelled to weighAuthor of Autonomous Vehicles: Opportunities, Strategies, and Disruptions. Michael E. McGrath is a proven expert on the strategies of technology-based companies. He has researched autonomous vehicles for the last 3 years, leading to the original publication of this book, as well as ...

Alex Kendall, Co-founder and CEO at Wayve, discusses the company's business strategy and the outlook for autonomous vehicle technology. He speaks with Shery Ahn and Avril Hong on "Bloomberg: The Asia Trade". ...

百度旗下无人出租车平台"萝卜快跑"正在与澳大利亚和东南亚政府洽谈，探索进入当地市场。 在海外市场拓展方面，百度与美国网约车平台Lyft达成协议，预计2026年进入英国和德国。欧洲监管机 构关注的数据存储问题，百度承诺本地存储，并已在瑞士设立公司和招聘团队。 百度自2013年以来在自动驾驶领域已投入数十亿美元，目前全球部署车辆超过1000辆。今年6月，欧洲 央行行长拉加德访问百度北京园区，并亲自试乘了萝卜快跑无人出租车。（国际财闻汇） 据彭博社报道，本周，萝卜快跑在迪拜获得50张自动驾驶试点牌照，使其在阿联酋的车队规模翻倍至约 100辆。公司表示，这一进展将推动其进一步扩大海外部署。 百度表示，在中国多个城市，每辆车已能实现盈利，武汉之外的地区也已收支平衡。但作为整体业务， 萝卜快跑距离全面盈利仍有时间。 ...

Baidu is exploring new markets including Australia for its robotaxis as its expanding fleet hits operational profitability targets in several cities across China https://t.co/1S8hyY9YOk ...