Author: Maya Rios

Einride said it will receive an additional $113 million in funding as part of its planned merger with special purpose acquisition company Legato Merger Corp. The new capital will be raised through a private investment in public equity (PIPE) financing round involving institutional investors. The funding comes in addition to the approximately $219–220 million held in Legato’s trust account that will become available to the combined company once the merger is completed. See also: Einride Spins Off Design Unit, Sells Majority Stake to Navisalma Design Einride first announced in November that it intended to go public through a merger with…

Swedish self-driving truck startup Einride said on Tuesday it has spun off its internal design division and sold a majority stake in the newly formed entity to Navisalma Design, a studio founded by Einride co-founder Linnéa Kornehed Falck and partners. Einride will retain a minority ownership stake in the new company, according to a statement, and has entered into a three-year retainer agreement for brand, design, and marketing services. The divestment was completed through a business transfer at fair market value based on an independent third-party valuation. The company said separating the design organization — which covers product, industrial, and…

Autonomous logistics company Neolix said its Level 4 RoboVan fleet has surpassed 100 million kilometres of real-world driving, becoming the first company globally to reach that milestone in autonomous delivery vehicle operations. The company announced on Feb. 19 that more than 16,000 of its driverless vehicles are now deployed across 15 countries, marking a shift from pilot projects toward large-scale commercial use of autonomous logistics systems. “Reaching 100 million kilometers is more than a technical metric; it is a validation of our business model across diverse, complex, and unpredictable environments,” said founder and chief executive Enyuan Yu. “True autonomous capability…

Group transportation platform CharterUP has partnered with German autonomous vehicle developer Holon to incorporate self-driving shuttles into its U.S. mobility offerings, focusing on recurring services such as airport transfers and campus transport. CharterUP, which provides real-time booking, dynamic pricing and tracking for group travel across North America, said the partnership will prioritize long-term shuttle operations rather than occasional charter trips. The platform is widely used by corporations, universities and schools and has increasingly expanded into regular transport services. Holon, a startup spun off from automotive supplier Benteler in 2023, is developing the fully electric Holon Urban autonomous shuttle. The 15-seat…

EUROGATE and Embotech have begun a six-month pilot of Level-4 autonomous terminal tractors at the EUROGATE Container Terminal in Hamburg, aiming to evaluate real-world operational performance rather than technical feasibility alone. The project, which started in late January 2026, follows an earlier trial at Wilhelmshaven that confirmed the technical readiness of Embotech’s Autonomous Tractor Solution (ATS). The new phase focuses on measuring throughput, availability, and process stability under everyday terminal conditions. See also: EUROGATE, Embotech Complete Autonomous Tractor Pilot at Wilhelmshaven Terminal During the pilot, autonomous tractors will move containers between the rail terminal and the main container terminal, passing…

Waymo has started deploying the sixth generation of its autonomous driving system, marking a significant step in the Alphabet-owned company’s expansion of fully driverless ride-hailing services, while a separate report suggests Hyundai Motor may supply tens of thousands of electric vehicles for the fleet. The company said the updated “Waymo Driver,” introduced in 2024, is designed to improve operational efficiency without compromising safety. In a statement, Waymo described the system as one that “serves as the primary engine for our next era of expansion, with a streamlined configuration that drives down costs while maintaining our uncompromising safety standards.” The platform…

Aurora Innovation said its self-driving trucks can now haul freight nonstop over a 1,000-mile route between Fort Worth, Texas, and Phoenix, Arizona, a distance that exceeds what human drivers can legally cover without extended rest breaks. The company said the journey takes about 15 hours using driverless trucks, compared with significantly longer travel times for human operators constrained by U.S. federal hours-of-service rules. Regulations require truck drivers to take a 30-minute break after eight hours of driving, limit driving time to 11 hours per shift and mandate a 10-hour rest period before resuming work. Chief Executive Chris Urmson said the…

Autonomous trucking technology company Pronto.ai has launched two new autonomous haulage system (AHS) editions, expanding its product lineup to cover operations ranging from small quarries to ultra-class deep-pit mining sites, the company said. The newly introduced Pronto AHS VLR and Pronto AHS VLR 360 systems add lidar and radar to Pronto’s existing vision-only autonomy platform, creating what the company describes as the industry’s first tiered autonomy architecture. The three systems are now offered under a unified portfolio branded as Pronto Editions. The launch follows a recent operational milestone at a quarry operated by Heidelberg Materials in Lake Bridgeport, Texas, where…

Waymo said it plans to expand its autonomous ride-hailing operations to Sacramento, California, and Boston, Massachusetts, as the company continues to scale its robotaxi network across the United States. The company confirmed the plans this week, saying it would begin laying the groundwork for future autonomous services in both cities. Waymo already operates fully driverless robotaxi services in several major U.S. markets, including Phoenix, San Francisco, Los Angeles, Austin, Miami and Atlanta. It said it has completed more than 20 million fully autonomous rides to date and is currently providing about 400,000 driverless trips each week. See also: Waymo Secures…

Waymo, the autonomous driving company majority-owned by Alphabet, has completed a long-planned funding round, securing $16 billion in new commitments to accelerate the expansion of its robotaxi services, the company said. The fresh capital was raised from a group of existing and new investors, led by venture capital firms Sequoia Capital, Dragoneer Investment Group and DST Global, with Alphabet continuing what Waymo described as its “strong and continuous support as majority shareholder.” Including earlier rounds, Waymo has now raised about $27 billion in total funding since it was spun out of Google’s self-driving car project. See also: Waymo Opens San…

Waymo is close to finalising a $16 billion funding round that would value the autonomous vehicle company at about $110 billion, the Financial Times reported, citing people familiar with the matter. More than three-quarters of the capital is expected to come from Alphabet, Waymo’s parent company, according to the report. Waymo was originally incubated within Alphabet’s X “moonshot” division before being spun out as a standalone unit. See also: Waymo Said to Seek New Funding at Valuation of Around $100 Billion The round is set to include new investors Dragoneer, Sequoia Capital and DST Global, the FT said. Existing backers…

Tesla is planning to expand its Robotaxi network by adding Orlando and Tampa in Florida as part of a broader U.S. rollout scheduled for 2026, the company said, extending its autonomous ride-hailing ambitions beyond its current limited operations. The two Florida cities will join Miami as future Robotaxi markets, Tesla confirmed, alongside Las Vegas, Phoenix, Dallas and Houston. All of the locations were first outlined in November last year and are now targeted for launch in the first half of 2026, according to the company. See also: Tesla Expands Robotaxi App Access Globally Amid U.S. Service Expansion At present, Tesla’s…