Self Driven Electric Cars Will Be The Largest Data Collecting device By 2030

November 25, 2022 By Aaem Joshi

(Image Credit Google)

According to VW's CEO, self-driving Volkswagens will be commonplace by 2030 because the automaker is now making significant investments in the technology. By then, the electric car will have evolved into the "largest data collection device" available thanks to all of its cameras, sensors, and processors. Although the former CEO of Volkswagen believed that Level 3 self-driving required radar equipment, in contrast to Elon Musk's belief that it could be accomplished with simply Tesla Vision cameras, the new CEO claims that autonomous Volkswagens will be a frequent sight in 2030. [caption id="attachment_66188" align="aligncenter" width="1200"]

Image credit: auto.economictimes[/caption] During a sit-down interview, Mr. Thomas Schaffer stated that by 2025, there would be a commercial autonomous ride-hailing fleet of VW ID Buzz electric cars in Hamburg and Munich. The company's pricey testing vehicles are already combing both cities' streets. The CEO of VW cautioned that the proof of concept is not simple. Although it's unclear whether the company's self-driving technology also uses cameras and LiDAR, Mr. Schafer claimed that the cost of the "[testing] car" is still unaffordable because so few of them are produced. He wants Volkswagen to be a pioneer in autonomous driving because of the formidable regulatory obstacles. A newcomer will find it difficult to follow all the necessary steps to compete with more established solutions since an automaker must demonstrate that its system is superior to people and because local laws vary greatly. In the interim, all that computational power will make electric cars "the greatest data collection device there is" due to the intricate computations that must be performed on the raw data from their sensory assistants. Even if that can sound unsettling to those who value their privacy, Germany also has some of the toughest security measures, which is one of the reasons why it might be difficult to understand the laws governing autonomous vehicles. [caption id="attachment_66191" align="aligncenter" width="1200"] Self Driven Electric Cars

Image credit: mashable[/caption] Because once it occurs, it opens up profit margins and prospects, we are pushing so hard in the CV [Commercial Vehicles] segment to make sure that it happens. Although I wouldn't say it's a winner-takes-all game, you need to get in early. You can't wait and then skip forward, so that's why we're putting all of our attention into it. VW made a $2.6 billion investment in the Argo AI firm in 2020, which was created by the former head of hardware for Google's autonomous driving systems. However, Argo's legacy manufacturer investors, who need a quicker time to market, albeit with lower degrees of autonomy, were unable to benefit from the company's lofty development of Level 4/5 self-driving technologies. Because of this, Argo was later divided between its investors, including Ford and VW, and the German automaker moved the development of its self-driving technology in-house to its software company Cariad. [caption id="attachment_66192" align="aligncenter" width="1200"] Self Driven Electric Cars

Image credit: ucsusa[/caption] One of Tesla's key rivals is Volkswagen, and according to some estimates, it may overtake Tesla in terms of market share as soon as 2024. VW cannot afford to fall behind Tesla in the battle for autonomous vehicles, so it will be intriguing to watch what its solution can accomplish once it is made available for purchase. It remains to be seen whether the payment strategy will be more successful as Volkswagen previously stated that it will choose for a pay-as-you-go approach where the self-driving service is only charged when needed and used, as opposed to Tesla's subscription or direct sales.

By Aaem Joshi

I am a Journalist who loves digging up stories that remain unheard. Strongly Believe in the knowledge of the social world.

Self Driven Electric Cars Will Be The Largest Data Collecting device By 2030

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