General Motors’ driverless-car unit Cruise is confronting a new safety investigation by federal regulators, after reports of its autonomous vehicles exhibiting risky behavior around pedestrians.
Tag: autonomous vehicles
Autonomous Vehicles Could Reduce Accident Frequency, Boost Insurer Profitability: Moody’s
According to a new Moody’s report, autonomous vehicles will initially boost auto insurance profitability while ultimately decreasing demand for traditional coverage – but the property/casualty insurance industry has time to evolve.
Investors Increasingly Impatient with Slow Pace of Autonomous Vehicles
Investors are growing impatient with the pace of driverless-car development after years of ambitious targets and bold promises.
Logistics Giants Hedge Their Bets in Uncertain U.S. Self-Driving Truck Race
U.S. self-driving truck companies have a golden opportunity in the form of a nationwide driver shortage, but their robot drivers still are not ready and neither are their biggest potential customers. The uncertainties surrounding autonomous trucking come at a critical time for the U.S. trucking industry, which faces a record shortage of 80,000 drivers as… Continue reading Logistics Giants Hedge Their Bets in Uncertain U.S. Self-Driving Truck Race
Autonomous Car Companies Shift in Overdrive, Leaving U.S. Regulators Behind
Companies ranging from Tesla Inc to General Motors Co’s Cruise are racing to make money with their self-driving technology, outpacing efforts by regulators and Congress to write rules of the road for robot-driven vehicles. On Tuesday, Cruise announced that SoftBank Group Corp will invest an additional $1.35 billion in anticipation of the company’s commercial robo-taxi… Continue reading Autonomous Car Companies Shift in Overdrive, Leaving U.S. Regulators Behind
Americans Still Don’t Trust Self-Driving Cars, Reuters/Ipsos Poll Finds
Half of U.S. adults think automated vehicles are more dangerous than traditional vehicles operated by people, while nearly two-thirds said they would not buy a fully autonomous vehicle, according to a new Reuters/Ipsos opinion poll. In the same poll, about 63 percent of those who responded said they would not pay more to have a… Continue reading Americans Still Don’t Trust Self-Driving Cars, Reuters/Ipsos Poll Finds
Nearly 3 in 4 Americans Are Reportedly Afraid of Self-Driving Cars: AAA Study
The latest consumer survey reveals most Americans still fear self-driving cars. Only a small minority, 19 percent, would trust autonomous vehicles to transport people they care about. An earlier gradual easing of fears reversed following high-profile fatalities with self-driving test vehicles. The American Automobile Association (AAA) started surveying consumers attitudes, opinions, and knowledge of self-driving… Continue reading Nearly 3 in 4 Americans Are Reportedly Afraid of Self-Driving Cars: AAA Study
Autonomous Vehicles Might Kill Auto Insurance as We Know It
Dan Peate, a venture capitalist and entrepreneur in Southern California, was thinking of buying a Tesla Model X a few years ago—until he called his insurance company and found out how much his premiums would rise. “They quoted me $10,000 a year,” Peate recalled. For all the concern over accidents involving driverless cars, including Tesla’s… Continue reading Autonomous Vehicles Might Kill Auto Insurance as We Know It
Avinew Raises $5M for Car Insurance that Rewards You for Using Autonomous Safety Features
As the deployment of autonomous vehicles ramps up globally, all sorts of prickly regulatory questions are cropping up. Which parties should be held responsible if a self-driving car swerves off course and kills a pedestrian — the driver, the automaker, or the systems supplier? And what kind of safeguards should be legislatively mandated to ensure… Continue reading Avinew Raises $5M for Car Insurance that Rewards You for Using Autonomous Safety Features
Developers of Driverless Cars Taking A More Cautious, Low-Key Approach
At a command center near the airport here, executives from automotive supplier Aptiv PLC showed why deploying robot cars will be far more complicated than many envisioned just a few years ago. With people in town for the annual CES tech show, Aptiv revealed its new operations with more than 300 people, rows of computer… Continue reading Developers of Driverless Cars Taking A More Cautious, Low-Key Approach