It can be said that when representatives of the German car industry, such as BMW, Daimler and Volkswagen, are seeking to make electric cars. American Tesla electric cars have rolled on roads in Germany.
The challenge for the industry is considered one of the symbols of this European nation. Moreover, self-driving cars and mobile services will bring unprecedented change and the traditional industry can be “disrupted”.
The North American International Auto Show took place last January in Detroit. The famous automaker of the US automobile industry has become a pioneer for future technologies of the automotive industry. Especially self-driving car technology.
In Detroit this year, it’s not hard to come across new products of self-driving car technology that are present. From autonomous navigation radar systems, to driverless buses. Not only car manufacturers and technology circles. Emerging startups are also active in the self-driving car segment of this year’s exhibition.
The size of the self-driving car market is expected to grow sharply over the next few years as technology gradually reaches perfection and meets commercialization requirements. Therefore, this will continue to be a fertile and potential market for technology companies to try to step in.
Currently, not only car companies are interested in self-driving cars, many technology companies are also very interested. However, each firm is determined to find its own strength to attack this market.
If US technology companies are focusing on self-driving cars and hardware, Korean technology companies are looking for ways to develop car ecosystems.
Unlike radars that use object detection by frequency, the new LIDAR technology uses laser light to measure distances. This is an important technology that allows self-driving cars to recognize their surroundings.
Innoviz Technologies was founded by an Israeli military engineer in January 2016. The company also received a $ 82 billion investment from Delphi Automotive PLC and Magna International. The two companies are planning through Innoviz Technologies, launching development models for self-driving cars in 2020.