The growth is majorly attributed to rising concerns about vehicle safety and increasing government regulations to integrate advanced safety systems into vehicles.
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.
Argo AI acquires Princeton Lightwave in a move aimed at improving object-detection capabilities in Ford’s self-driving cars.
LIDAR tech firm Strobe is expected to bolster the automaker’s efforts to bring self-driving cars to market.
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.
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.
Anthony Levandowski, head of Uber’s Advanced Technologies Group and founder of autonomous truck startup Otto, has stepped aside from that role in the midst of a legal battle with Waymo, according to a Business Insider news report.
Ford Motor Co. is once again tripling the size of its fully autonomous Ford Fusion Hybrid test vehicles for 2017.
To advance its role in autonomous vehicle development, the automotive supplier acquires a 3D LIDAR business unit from Advanced Scientific Concepts in Santa Barbara.
Frost & Sullivan recently completed a study on OEM strategies for using LIDAR technology in active safety systems and automated driving. In this video, Frost & Sullivan Resarch Manager Praveen Chandrasekar summarizes the study's findings.
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