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Welcome to the May 2024 edition of Plugged In! This month, we delve into the nuanced developments shaping the future of EVs, from strategic challenges to investment trends.
Wayve raises $1.05B in funding to accelerate autonomous vehicles driven by embodied AI - SiliconANGLE
US chip maker Nvidia is investing in Wayve Technologies, joining a US$1.05 billion funding round for the UK start-up that wants to get its autonomous-driving technology into cars.
Ocado Group revenue increased by 8.6% to £1,370.7m
The UK was the top European market for VC funding deals with $9.4 billion capital raising during Q1 2022, said GlobalData.