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The growth is majorly attributed to rising concerns about vehicle safety and increasing government regulations to integrate advanced safety systems into vehicles.
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BMW i Ventures, a venture capital fund that specializes in finding and growing cutting-edge technology companies that are redefining the automotive industry, has invested in Blackmore Sensors and Analytics, Inc.
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Argo AI acquires Princeton Lightwave in a move aimed at improving object-detection capabilities in Ford’s self-driving cars.
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LIDAR tech firm Strobe is expected to bolster the automaker’s efforts to bring self-driving cars to market.
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In the latest fallout from the legal battle between Waymo and Uber, Anthony Levandowski, who headed Uber's self-driving technology group, has been fired.
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A federal judge has ruled that Uber is allowed to continue developing its self-driving technology during a legal battle with Waymo over stolen technology – but Anthony Levandowski, who started up an autonomous truck company later bought by Uber, can't be part of it.
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Ford Motor Co. is once again tripling the size of its fully autonomous Ford Fusion Hybrid test vehicles for 2017.
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To advance its role in autonomous vehicle development, the automotive supplier acquires a 3D LIDAR business unit from Advanced Scientific Concepts in Santa Barbara.
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The self-driving Fusion Hybrids rely on LiDAR-Enabled 3D digital mapping to identify their precise position.
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