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☆ Cruise's recall means trouble for driverless car companies
  + stars: | 2023-11-11 | by ( Tom Carter | ) www.businessinsider.com   time to read: +5 min
Cruise recalled its entire driverless car fleet after they were banned in California following a fatality. Now other driverless car companies are facing questions over the safety of their vehicles. AdvertisementAdvertisementCruise's robotaxi rollout in San Francisco has turned into a fiasco , with the driverless car firm facing growing questions over just how safe its vehicles really are . A self-driving Waymo car in San Francisco. AdvertisementAdvertisementCruise's recall has sparked renewed scrutiny of the decision to allow the driverless car company and its rival Waymo to operate their robotaxi services in San Francisco 24/7 .
Persons: Cruise, —, Pete Buttigieg, Sen, David Cortese, Gavin Jackson, Jackson, Waymo Organizations: Service, Google, Getty Locations: California, San Francisco, Phoenix, Austin, Los Angeles
☆ Investors go back to basics with simpler self-driving vehicles
  + stars: | 2023-02-01 | by ( Nick Carey Paul Lienert | Nick Carey | Paul Lienert | ) www.reuters.com   time to read: +7 min
REUTERS/Phil NobleCOVENTRY, England, Feb 1 (Reuters) - Developing fully autonomous vehicles (AVs) that can go everywhere has proven harder and more expensive than expected, but investors are continuing to fund startups that target simpler self-driving vehicle solutions far removed from pedestrians and other vehicles operated by unpredictable humans. Earlier promises made by robotaxi companies of operating fleets of vehicles by the early 2020s have fallen well short. BMW iVentures has also invested in AV truck technology firm Kodiak Robotics, which managing partner Sage said has adopted a simpler approach to areas like mapping. Construction and agricultural equipment - used off-road in low-traffic environments - has been another growth area for AV startups. U.S. agricultural equipment maker AGCO Corp (AGCO.N), for instance, is using the Palo Alto, California-based startup's software for an experimental automated electric planter.
☆ Oxbotica raises $140 mln to deploy self-driving commercial vehicles
  + stars: | 2023-01-11 | by ( Nick Carey | ) www.reuters.com   time to read: +2 min
LONDON, Jan 11 (Reuters) - Self-driving software startup Oxbotica has raised $140 million from investors to speed deployment of autonomous vehicles (AVs) in areas including heavy industry, ports and airports. The Series C round includes funding from new investors including Japanese insurer Aioi Nissay Dowa Insurance, the venture capital arm of software company Trimble (TRMB.O) and the venture capital arm of Japanese oil refiner Eneos (5020.T). Oxbotica has now raised about $225 million in total and the company said that additional investors are expected to sign up before the funding round closes in a few months. Once regulations catch up with the industry, the company will start running tests on limited routes for Ocado in 2025, Jackson said. "The proceeds (of this funding round) will really accelerate deployment for our commercial customers."
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