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Autonomous vehicle investments increasing as interest skyrockets

Autonomous vehicle research is ramping up, and investments into the booming sector will increase as drivers become more comfortable with self-driving tech
By: Michael Hatamoto | Technology in Vehicles News | Posted: Jan 5, 2015 11:20 pm

Autonomous vehicles traveling the open roads is no longer just for science fiction movies, as car makers continue investing in autonomous research, according to HIS Automotive's "Autonomous Driving: Question is When, Not If" report.




It would appear OEMs wants autonomous functionality to help driver augmentation, especially with parking assist features. There will be a predicted 12 million self-driving cars on US roads in 2035, and there is great long-term potential through 2050.


Car makers are receiving help from universities and tech companies, interested in developing self-driving algorithms and technology.


"Automotive manufacturers continue to add to their current advanced driver assistance systems (ADAS) and are likely to begin small-scale deployment of Level 4 (L4) self-driving vehicles with driver controls in the 2020 timeframe," said Jeremy Carlson, analyst at HIS Automotive, in a press statement. "OEM sales of self-driving cars will start slowly with small-scale availability around 2020, and continuing for the following five years."


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