Self-Driving Car — The Mid. Game

Sandy Wool Lake, Milpitas, CA

Self-Driving capital reload

  1. On Mar. 7, Intel filed an IPO for Mobileye. Intel acquired Mobileye for $15B in 2017 and now may exit with a $50B valuation. [Reuters]
  2. On Mar. 18, SoftBank cashed out $2.1B from its Cruise $900M investment in 2018. Cruise is fully under GM’s will.[Robotics247]
  3. On Mar. 17, TuSimple is looking to sell its China business for $1B to reduce regulatory risk & focus on the U.S. market. Two top regions of SD are on their separated ways. [Reuters]
Wikipedia: Venture Capital — Startup Financing Cycle

Waterfall — the same old love

  1. On Mar. 5, 2021, Honda announced the leasing plan in Japan of Honda Legend EX with its SENSING Elite, a Level 3 self-driving system. [Reuters]
  2. In the first half of 2022, Mercedes-Benz customers may buy an S-Class with DRIVE PILOT, a Level 3 system/conditionally automated mode on suitable motorways in Germany in heavy traffic at a speed under 60 km/h (37 ml/h). [Mercedes-Benz]
  3. BMW plans to launch a Level 3 in the second half of 2022 powered by Mobileye. In the meanwhile, BMW, Qualcomm & Arriver are working on a new system. Which should be ready in 2025. [Forbes]
Whole Mars Catalog: FSD Beta 10.11 Drone View

Iterate fast at scale — the only path to success

AutoPacific: Consumer Trust Sits Highest With Tesla, Toyota, and BMW

Full Disclosure

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A Taiwanese lives in Silicon Valley since 2014 & has random opinions on some stuff. The opinions shared here are my own, not those of companies I work for.

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Sam Lin

Sam Lin

A Taiwanese lives in Silicon Valley since 2014 & has random opinions on some stuff. The opinions shared here are my own, not those of companies I work for.

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