TLTP
\nBERLIN
\nSelf-driving cars may be available for sale between 2025 and 2030, Volkswagen boss Herbert Diess has predicted. His company, the leading global automaker by vehicle sales, is currently boosting its investment in the technology.
\nSpeaking to German weekly magazine Wirtschaftswoche, the CEO said the process is being accelerated by the rapid development of computer chips and artificial intelligence (AI), which the company previously said was one of the main challenges facing the evolution of autonomous cars.
\n\u201cIt is foreseeable that the systems will soon be able to master even the complex situations of autonomous driving,\u201d Diess said, as cited by the publication. Global automakers have been increasing funding for digital and electric vehicle technologies. Volkswagen earmarked nearly half of its 150-billion-euro budget for e-mobility, hybrid cars, a seamless, software-based vehicle operating system, as well as self-driving technologies, the company announced in November.
\nThe VW boss also noted the progress made by the company\u2019s rivals, saying he was impressed by the efforts of US company Waymo and Elon Musk\u2019s Tesla. He called the latter not just a car company, but \u201ca neural network\u201d that is improving its driving skills.
\nDespite Waymo, a subsidiary of Google, having made little progress in expanding its autonomous ride-hailing service, it has recently been crowned the leader in the autonomous vehicle industry, according to Guidehouse Insights\u2019 2020 rating. VW was ranked seventh out of the 18 producers assessed by the analysts. Last year, the German automaker teamed up with Ford to work on e-mobility and self-driving vehicles.
\nVW said that it intends to acquire a stake in the Ford subsidiary Argo AI in order to develop the technology for the US and European markets.
\nTesla came in last, with the report doubting its cars\u2019 full self-driving capability. However, Musk revealed last month that he wanted to significantly expand the autopilot system, offering the feature to more owners.<\/p>\n","protected":false},"excerpt":{"rendered":"
TLTP BERLIN Self-driving cars may be available for sale between 2025 and 2030, Volkswagen boss Herbert Diess has predicted. His company, the leading global automaker by vehicle sales, is currently boosting its investment in the technology. Speaking to German weekly magazine Wirtschaftswoche, the CEO said the process is being accelerated by the rapid development of […]<\/p>\n","protected":false},"author":2,"featured_media":160843,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-160834","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\n