Parallel Systems to build autonomous electric rail vehicles
Parallel Systems has raised $49.55 million in Series A funds to build autonomous battery-electric rail vehicles that move freight. The company says the funds will be used to build a fleet of rail vehicles, execute testing programs and grow the team, and that it has raised $53.15 million to date, including $3.6 million in seed
Waymo, Zeekr partner on autonomous ride-hailing EV
The vehicle is designed for autonomy and will come with a configurable cabin, both with and without driver controls.
Tesla Autopilot: The challenges of autonomy
Tesla Autopilot is actually only a level 2 AV system; it is not a self-driving car, and a human always needs to pay attention to the road.
Hyundai Ioniq 5 EV robotaxi will join Lyft fleet in 2023
The Ioniq 5 robotaxi is an SAE Level 4 autonomous vehicle that will be deployed in multiple U.S. markets.
Bridgestone to supply tires for Einride electric autonomous trucks
Bridgestone will become the official U.S. launch partner of Einride and the exclusive tire supplier for Einride in the U.S. market.
GM will boost EV, AV investments to $35B through 2025
The announcement builds on GM’s initial commitment announced in March 2020 to invest $20 billion from 2020 through 2025.
Arrival partners with Ambarella on ADAS
Ambarella’s module will be used to enable autonomous driving and ADAS features in the Arrival bus and van.
