Self-driving cars are expected to significantly raise asking prices when they eventually hit the road around 2021, according to Volvo’s head of autonomous driving.
Autocar reports that the price premium will be dictated by the added cost of on-board computers, radar sensors, cameras and a lidar radar scanner needed for a car to be autonomous and safe at the same time to operate.
“There will be very powerful computing power in a self-driving car,” revealed Eric Coelingh, Volvo’s head of autonomous driving, speaking at a conference in London. “We are talking processors measured in gigabytes, rather than the kilobytes we have now. The price will depend on volume, but we are talking expensive componentry that could easily be £10,000 (around $14,600 in current exchange rates).”
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