In his first public comments as Luminar's new CEO, Paul Ricci said he intends to focus on the company's next-generation Halo sensor for automakers while exploring adjacent markets.
The founder and co-director of MIT’s Advanced Vehicle Technology Consortium says the auto industry has been distracted by the allure of autonomous driving and should place its short-term focus on developing smarter collaborations between motorists and machines.
Self-driving truck startup Plus Automation will go public in the United States through a $1.2 billion merger with special purpose acquisition company Churchill Capital Corp.
The stakes are high for Tesla and CEO Elon Musk with the planned launch of a robotaxi service in Austin, Texas, in June to take on Waymo.
Holman Automotive Group was among a group of investors in Toma, a retail automotive technology startup.
Jonathan Turpin of AIM Group said automotive marketplaces need greater sophistication in services and data to compete with AI.
The stakes are high for Tesla and CEO Elon Musk with the planned launch of a robotaxi service in Austin, Texas, in June to take on Waymo.
