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Bloomberg: Self-driving cars "down the road"

Published 12/31/2018, 08:17 AM
© Reuters.  Bloomberg: Self-driving cars "down the road"
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  • Driverless and auto tech will take up 300K square feet of floor space at CES, which formally starts on January 8. But a new Bloomberg Businessweek report discusses how far the industry is from a truly self-driving vehicle.
  • Bloomberg cites Waymo's (NASDAQ:GOOGL) soft robo-taxi launch with the service only available to 400 families in Phoenix and the vehicles always having a safety driver in the front seat.
  • Matthew Johnson-Roberson, co-director of the University of Michigan’s Ford Center for Autonomous Vehicles, on Waymo's launch: “It’s a pretty glaring indication that we’re not there yet."
  • GM (NYSE:GM) wants to launch its automated ride-hail service in a U.S. city in 2019. Ford (NYSE:F) hopes to have tens of thousands of self-drivers on the streets of multiple cities by 2021.
  • But Visteon CEO Sachin Lawande says there's a "new realization" it could take until 2025 or longer for truly driverless vehicles.
  • Now read: Alphabet: Hardly Matters


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