Please get in. Destination confirmed. Make yourself comfortable. This is not your taxi driver’s voice, but the autonomous vehicle soon to be parked in your garage. AVs have enormous potential, and we are not far from finding ourselves in science fiction movies.
However, this reality is dependable on dozens of sensors to be able to perceive its surroundings. To ensure your safety and keep you entertained at the same time while heading to work.
Real-time decisions will need to be made in split seconds, dealing with unique situations on your journey.
With the right hardware and software, Av’s can handle any unpredictable scenario that arises while you are comfortably sipping your morning coffee.
Customized AI chips for different purposes and conditions working in synergy with the software enable the most accurate analytics and decision making. Such a complex system needs to be optimized, trained and validated intensively.
To satisfy the market’s demand and keep the speed of development towards a commercially available AV high, numerous parts need to go through tests to ensure many people are safe during their rides. The pressure is high.
The public is skeptical about the ability of a fully automated machine, keeping them safe. The more failures the manufacturers make at a late stage, the higher the risk of public skepticism and increased regulations towards the mainstream usage of AV’s.
Different vehicles require different configurations, and so the market needs to innovate to find the best solution continually. Most importantly, carry out highly accurate testing to avoid crashes and loss of trust.
In addition to significant growth in the automotive industry, key players have been increasing investment in facility expansion and new manufacturing sites. These investments are fuelled by the anticipated market growth of about 16.9% CAGR until 2024. Among all regions, Europe has the largest global industrial automation market.
In January 2018, Toyota announced to spend $471 million to upgrade and expand its factory near Valenciennes, in France. Similarly, in July 2018, Renault announced to invest $1.2 billion to increase electric vehicle production capacity in France. But it is not only the big players in the automotive industry who are anticipating the market opportunities in the upcoming years. The government in Europe is further pushing the market by focusing on the production of hybrid and electric vehicles.
In Asia, the “Made in China 2025 program” is an excellent example of AV’s trend. The government considers new energy vehicles (NEVs) an essential part of the program, aiming to manufacture 1 million electric and plug-in hybrid cars in China by 2020.
Currently, Beijing is building a 100km Highway for self-driving cars with unmanned machinery. The highway is to open to traffic in June 2021. AutoX, a Chinese autonomous vehicle start-up, has announced the launch of 100 self-driving Taxis. They will be operating in Shanghai’s Jiading district.
AutoX already has the license to road test in California and is setting the course to launch its services in Europe through a partnership with NEVS. The COVID-19 pandemic also stirred up an innovation frenzy in the UK. Zenzic and the UL Connected Automated Mobility Roadmap to 2030 are developing “pandemic proof” self-driving vehicles.
In whichever direction the eye goes, there is a lot of movement in the industry. We are on the brink of an automobile revolution. Starting in China, the U.S and Europe are soon to follow. From companies like Toyota to the Chinese government, many efforts are made to nurture this industry. Let us help you to implement our No-Touch Automotive Testing Solution to increase the yield rate while fully maximizing the utilisation. Please contact one of our representatives for further information.