The Canadian auto software company warned this month that it would likely violate an agreement with existing lenders if it failed to raise fresh capital by May 23.

Toyota is finally making its cars more like smartphones, with the launch of a pivotal software system in the top-selling RAV4 crossover, after more than five years of development.

Tesla is leveraging its autonomous vehicle software for use on the Optimus humanoid robot, which is under pilot production in California.

The Chinese company has been in discussions with Swiss Post unit PostAuto to debut its robotaxis in Switzerland and aims to begin testing the technology by the end of this year, Bloomberg reported.

Stellantis is using virtual reality to help ease the transition when assembly plants shift to freshened and new products and cut down on the time factories have to be down.

Sterling Anderson, a prominent Tesla alum and co-founder of Aurora Innovation, has joined General Motors to lead the automaker's tech transformation.