Magna

Auto parts maker Magna will pilot Sanctuary AI's humanoid robot in its factory; Figure and Apptronik are piloting their humanoid systems with BMW and Mercedes

Sanctuary AI announced that it will be delivering its humanoid robot to a Magna manufacturing facility.

Auto parts maker Magna agrees to acquire a driver-assistance unit from SSW Partners for about $1.5B in cash and expects combined sales to reach $3B in 2024

Elisabeth Behrmann / Bloomberg :

Qualcomm offers to buy Veoneer, which develops advanced driver-assistance systems for autonomous vehicles, for $4.6B, topping Magna's $3.8B bid from last month

- Veoneer would give Qualcomm lift in driver-assistance tech  — Magna unlikely to try to top Qualcomm bid, analysts say

Canadian auto parts supplier Magna has agreed to buy Veoneer, which develops advanced driver-assistance systems for autonomous vehicles, for $3.8B in cash

- Veoneer shares slumped following spinoff by Autoliv in 2018  — Offer represents a 57% premium to closing price Thursday

Innoviz, a lidar company backed by auto suppliers Magna and Aptiv, is going public via a SPAC merger expected to close in Q1 2021 at a valuation of $1.4B

Bloomberg :

Waymo to invest $13.6M in a factory for level 4 autonomous cars in Michigan, partnering with Magna to install Waymo's self-driving system in cars made by others

Waymo to invest $13.6M in a factory for level 4 autonomous cars in Michigan, partnering with Magna to install Waymo's self-driving system in cars made by others

(Reuters) - Alphabet Inc's Waymo self-driving vehicle unit said on Tuesday it plans to build a plant in Michigan to transform vehicles …

Lyft to develop and manufacture autonomous car systems with Canadian auto supplier Magna; Magna making $200M equity investment in Lyft, now valued at $11.7B

Daisuke Wakabayashi / New York Times :

Israeli lidar startup Innoviz raises $65M round backed by auto suppliers Delphi and Magna; Canadian lidar maker LeddarTech raises $101M from Delphi and Magneti

Alan Ohnsman / Forbes :

Israeli lidar startup Innoviz raises $65M round backed by auto suppliers Delphi and Magna; Canadian lidar maker LeddarTech raises $101M from Delphi and Magneti

Israeli startup Innoviz Technologies closed a $65 million funding round with backing from Delphi and Magna …