As per markets and markets, the market size for global robotaxi is projected to grow from 617 units in 2021 to 1,445,822 units by 2030 with a CAGR of 136.8%. The key market players in robotaxi are Waymo (US), Cruise LLC (US), Baidu (China), AutoX (China), and Tesla (US). The Hyundai IONIQ 5 robotaxi will be launched by 2023. The IONIQ 5 robotaxi is an … Continue reading The robotaxi market

Ford and Cisco. Ford is keen on making its mark in the electric autonomous vehicle market. A major issue of AVs or driverless cars is facing security issues. However, Ford is keen on addressing the issue with Cisco technology. With the initial use of V2X technology, the current automotive industry got completely reshaped towards a more futuristic way of operating the autos and making it … Continue reading How about an Auto manufacturer and network security in partnership?

As the customers are eagerly waiting to ride on the AVs. So, do the AV manufacturing industries. Let’s see the autonomous vehicle journey through different companies. In June, Cruise began charging passengers in San Francisco for robotaxi rides. Last night we collected our first fares from driverless robotaxi rides – a first in any major US city. Next up: bigger fleet, larger service area, more … Continue reading How far are the autonomous vehicles on their journey?

In the report published in July, one of the constraints faced by Autonomous Vehicles was the speed limit. It has been now extended from 60 km/h to 130 km/h, i.e. from  37 mph to around 80 mph. It will come into effect from January 2023. Well, AVs have been a debatable topic. Now as the rules have been relaxed with the speeds. It shows the acceptance … Continue reading Autonomous vehicles are allowed 130 km/h by the UN

The self-driving car market in Latin America is anticipated to grow at a CAGR of 28.5%, generating USD 3.75 billion in worldwide revenue by 2024. It is further segmented based on applications, automation, and technological components. The application segments are further classified into personal use and commercial use. As per the experts, the LATAM region is keen on autonomous vehicles. The people are quite positive … Continue reading The AV market overview in LATAM

A joint project by Transdev and the Inter-American Development Bank (IDB) and the Ministry of Transport and Telecommunications (MTT) of Chile placed Latin America on the AV ecosystem world map as well on the global AV network. The main features of the operation are:- 1.107 km traveled 175 operational hours 6.550 trips made by 2.567 users 200 passengers per average working day with peak days … Continue reading First Latin American Autonomous Vehicle project in Chile

VW and Argo AI are jointly testing the self-driving technology, platform ID. Buzz AD. The ID. Buzz is a self-driving prototype. According to Automotive News, “It is not a further development of the ID. Buzz, but about a special vehicle.”  head of VW Commercial Vehicles Carsten Intra. The target groups are robot taxi, delivery, or shuttle services. In 2025, a new set of series by the … Continue reading What’s the new plan from Volkswagen?

“We are also working on a new vehicle that I hinted at when I opened Giga Texas. It’s a custom robotaxi that’s highly optimized for autonomy, which means it won’t have a steering wheel or pedals,” Musk. On the opening day of Tesla’s new US “Gigafactory” in Texas, Musk revealed the new plan for autonomous passenger transport. Musk said. “But fundamentally, it’s optimized to achieve the lowest … Continue reading Tesla’s new Robotaxi