Technology content trusted in North America and globally since 1999
8,227 Reviews & Articles | 62,343 News Posts

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."


Related Tags

Got an opinion on this news? Post a comment below!