How Autonomics Has Changed The Automotive Industry
Achieving autonomous vehicles will be a major focus for many companies in the automotive industry. This technology is changing the way cars are designed, manufactured and operated.
"Autonomous vehicle technology is transforming the entire automotive ecosystem," said John Taylor, an executive at Waymo (formerly Google Self-Driving Car project). "It's not just about enabling people to travel in a more convenient and efficient manner; it also opens up new business opportunities for companies that are invested in this space."
The Benefits of Autonomous Vehicles
Autonomous vehicles have numerous benefits, including enhanced safety, reduced accidents, lower operating costs, increased productivity, and a decrease in emissions. The industry is rapidly advancing to meet these demands.
Market Opportunities for Companies Investing in Autonomous Vehicle Technology
"The market opportunities for autonomous vehicle technology are vast," said Chris Urmson, CEO of Cruise, an electric and autonomous trucking company. "We're not just talking about the automotive industry; we're also seeing traction in areas like logistics and ride-sharing services."