Google affiliate Waymo is talking to outside investors about raising as much as $4 billion in additional capital to fuel its self-driving efforts.\nSince February, Waymo has lost six key executives in rapid succession , including its CEO, CFO and several key lieutenants.\nWaymo appointed two executives as co-CEOs and is recruiting a new CFO.\nThey told Bloomberg Television in an interview April 30 that Waymo was open to further outside investment.\nPhilion, the Waymo spokesperson, said the company has named an interim head of treasury and appointed Mark Burton, a company veteran since 2016, as the new head of automotive.
"}}}},{"node":{"postTitle":"Mobileye, ZF To Develop Autonomous Driving Systems For Toyota","slug":"mobileye-zf-to-develop-autonomous-driving-systems-for-toyota","publishDate":"2021-05-20 01:10:53+00:00","createdLocal":"2021-05-20 14:32:32.876699","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Intel’s Jerusalem-based subsidiary Mobileye, a developer of ADAS (advanced driver assistance systems) and ZF Group, a German automotive parts manufacturer, are teaming up to develop ADAS for Japanese automotive giant Toyota for use in multiple vehicle platforms starting in the next few years.\nMobileye’s EyeQ4, an advanced application-specific vision computing system-on-chips (SoC) for level 4 autonomous driving, will be combined with ZF’s Gen 21 mid-range radar technology to interpret the environment around Toyota vehicles.\nThe new relationship with Toyota significantly extends the reach of Mobileye and ZF safety technology to enhance safety and driver convenience functions on world roadways, the parties said in a press statement.\n“Mobileye is delighted to be working with ZF to develop leading driver-assistance and safety technology for Toyota, the world’s largest automaker,” said Professor Amnon Shahua, co-founder and CEO of Mobileye and VP at Intel.\n“ZF looks forward to working closely with Toyota and Mobileye to develop advanced safety systems designed to meet advanced global safety regulations,” said Christophe Marnat, executive VP, Electronics and ADAS division at ZF.
"}}}},{"node":{"postTitle":"The Ford F-150 Lightning makes its debut","slug":"the-ford-f-150-lightning-makes-its-debut","publishDate":"None","createdLocal":"2021-05-20 14:32:31.636116","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"After years of commitments and development and waiting, the all-electric version of the Ford F-150 has been presented by Ford.\nPhoto: Ford 2022 Ford F-150 Lightning, profileVersionsThere are basically four versions of the model.\nPhoto: Ford The 2022 Ford F-150 Lightning (XLT, Lariat and Platinum)The structureThe Ford F-150 Lightning benefits from a new frame that Ford describes as the strongest steel frame ever built into an F-150.\nPhoto: Ford 2022 Ford F-150 Lightning, multimdia screenPhoto: Ford 2022 Ford F-150 Lightning, at a charging stationThat's what I call a flash of genius.\nPhoto: Ford 2022 Ford F-150 Lightning, interiorOther featuresThere’s of course much more to the offer with the F-150 Lightning.
"}}}},{"node":{"postTitle":"Waymo Said To Seek $4B In External Funding As It Mulls Going Public","slug":"waymo-said-to-seek-4b-in-external-funding-as-it-mulls-going-public","publishDate":"None","createdLocal":"2021-05-20 14:32:30.395254","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"The company is also said to be mulling spinning off from parent Alphabet and go public.\nWhat Happened: Waymo has lost at least six top executives recently including its CFO Gerard Dwyer following the surprise exit of CEO John Krafcik in April.\nAccording to the report, the executive departures have put pressure on the company related to its future strategy.\nThe self-driving startup, regarded as a leader in autonomous vehicle development, named Tekedra Mawakana and Dmitri Dolgov co-CEOs after Krafcik stepped down from the position.\nRead Next: Tesla 'Not A Competitor At All' In Self-Driving Space, Says Waymo CEOPhoto: Courtesy of Waymo
"}}}},{"node":{"postTitle":"May Mobility Launches Public Road Testing Of Natively Automated Vehicle Based On The Sienna","slug":"may-mobility-launches-public-road-testing-of-natively-automated-vehicle-based-on-the-sienna","publishDate":"None","createdLocal":"2021-05-20 14:32:27.855276","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"The Sienna technology integration is a major milestone in May Mobility's cooperative relationship with Toyota.\nMay Mobility was also selected to provide autonomous shuttle services in Indianapolis, Indiana, as part of a Toyota Mobility Foundation (TMF) initiative beginning later this spring.\nThe May Mobility Toyota Sienna shuttle is currently being tested on public roads in Ann Arbor.\n*Combination of \"autonomous\" and \"mobility as a service,\" describing Toyota's mobility services using automated driving vehicles.\nAbout May MobilityMay Mobility is a leader in autonomous vehicle technology development and deployment.
"}}}},{"node":{"postTitle":"Trending News: Level 3 Autonomous Vehicle Market Updates, Dynamics, Competitive Landscape (Apple, Quanergy Systems, Bosch, Velodyne) – KSU","slug":"trending-news-level-3-autonomous-vehicle-market-updates-dynamics-competitive-landscape-apple-quanergy-systems-bosch-velodyne-ksu","publishDate":"2021-05-20 00:00:00","createdLocal":"2021-05-20 14:32:27.093976","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Level 3 Autonomous Vehicle Industry Global, Regional and Country Overview- Industry Overview, Segment Analysis, Market News, Forecast and Current Industry Trends, and Major StakeholdersThis market research report divides the global Level 3 Autonomous Vehicle industry based on the major product type, end-use, key product form, and distribution type.\nAlso, the key manufacturers operating in the Level 3 Autonomous Vehicle market are vigorously investing in product portfolio expansion and business diversification in order to attract a potential customer base across emerging economies.\nHigh consumer awareness and strong incline towards branded products is projected to deliver significant market opportunities for Level 3 Autonomous Vehicle market in the coming years.\nMarket attractiveness in terms of product type, application industries, and regions will allow prospective investors to make sound business decisions in the near future.\nIn addition, the manufacturing cost analysis and raw material cost overview are provided to get in-depth knowledge about the upstream industry chain of the Level 3 Autonomous Vehicle market.
"}}}},{"node":{"postTitle":"Are you at fault if your self-driving car crashes? Debate and discussion rage on","slug":"are-you-at-fault-if-your-self-driving-car-crashes-debate-and-discussion-rage-on","publishDate":"2021-05-20 13:15:35+05:30","createdLocal":"2021-05-20 14:30:55.016157","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Uber CrashA file photo shows a safety driver sitting behind the wheel of a Rideflux 'self-driving' car in Jeju.\nThe issue is even more important with the advent of self-driving car technology, Levine said.\nSelf-driving car supporters have argued that existing tort law contains principles for allocating fault and apportioning liability among parties.\n“Without explicitly saying it, a lot of companies are realizing that self-driving cars are much further off than we initially realized,\" she said.\nWolf said despite the intense debate over legal issues, self-driving cars have the potential to drastically reduce the number of car crashes and deaths on U.S. roads.
"}}}},{"node":{"postTitle":"Mayor Turner’s Proposal For Firefighter Raises (May 20, 2021) – Houston Public Media","slug":"mayor-turners-proposal-for-firefighter-raises-may-20-2021-houston-public-media","publishDate":"2021-05-20 00:00:00","createdLocal":"2021-05-20 14:30:54.374323","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Houston Matters begins at 9 a.m. CT on 88.7FM or listen online.\nOn Thursday’s Houston Matters: We check in with the National Weather Service on the possibility of more severe weather this week and flash flooding this weekend.\nWe also talk with News 88.7's Jen Rice about Mayor Sylvester Turner's proposal for increasing firefighter pay.\nAlso this hour: In the wake of a recent fatal accident in Houston, we get an update on how autonomous car technology is progressing.\nSubscribe to Today in Houston Fill out the form below to subscribe our new daily editorial newsletter from the HPM Newsroom.
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