George Lenyo, EY’s Americas automotive leader, recently joined Molly Boigon, a tech and innovation reporter at Automotive News, on the “Shift” podcast to discuss the role of artificial intelligence (AI) in advancing simulations used to train autonomous vehicles. Lenyo also provided insights into how automakers are leveraging software subscription services as a new revenue stream. […]
As 2025 ends, automakers will soon release their fourth-quarter and full-year sales figures. In a rare move, Tesla shared Wall Street’s fourth-quarter sales estimates and projections for the end of the decade ahead of its official numbers. Tesla released the “company-compiled delivery consensus of sell-side analysts,” which includes estimates from 20 financial firms, such as […]
Self-driving vehicle startup Nuro funding efforts culminated in a major success this week. The company closed a significant late-stage round, securing $203 million. This investment values the autonomous delivery specialist at a formidable $6 billion. Notably, the Nuro funding round attracted two powerhouse new investors: ride-hailing giant Uber and chip leader Nvidia. They joined several returning backers, signaling strong […]
