SHARE THIS ARTICLE

The race to field the first autonomous car will be a Darwinian exercise, with more than 50 major competitors reduced to a handful of winners over the next decade, according to a new study by consultant AlixPartners LLP.

“You’ve got 50 major players trying to develop autonomous software and you’ll probably get three or four of them who will win,” John Hoffecker, global vice chairman of the Southfield, Michigan-based firm, said in a speech Tuesday to the Automotive Press Association in Detroit. “There will be billions and billions of dollars lost in bets that were put in the wrong place.”



Read Article


Untold Billions Are Being Lost In The Race To Set The Standard For A Self Driving Car

About the Author

Agent009

User Comments

TomM
TomM
MDarringer
TomM
t_bone
BobM

Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img]http://agent001.myautospies.com/images/sample.jpg[/img]