Hyperdrive
Car-Data Firms Flop as Automakers See Dollar Signs in Software
Otonomo and Wejo — two promising-sounding startups — are having hard times.
The touchscreen of a Volkswagen ID.3 electric vehicle.
Photographer: Michaela Nagyidaiova/BloombergThis article is for subscribers only.
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Auto companies promising billions in new software revenue by the end of the decade have been hiring engineers left and right, poaching executives from tech giants and trying to figure out how to process and monetize the oodles of data that connected cars produce.