Are Driverless Cars the Future of the Auto
November 13, 2012
by Casey Neeley, email@example.com
Driverless cars may be the wave of the future according to a news
report issued by Fortune
Magazine. Tests of Google's driverless cars showed the vehicles
can drive more than 300,000 miles without incident.
As futuristic as this technology may sound, it's not as distant
of a reality as you may think. California
recently legalized self-driving vehicles in September, following
which passed the law in June 2011, and Florida,
which put autonomous driving laws into effect July 1, 2012. Current
laws do, however, stipulate that a driver must sit in the driver's
seat and be able to take over in the event of an emergency.
In addition to the Google prototype, Nissan
unveiled its own autonomous prototype in October at the CEATEC show
in Japan. Company officials anticipate releasing the vehicle as
soon as 2015. Several other automotive manufacturers, including
GM, Ford, Toyota and BMW, are also currently working to develop
autonomous models for the market.
In October 2010, the National Highway Safety Administration (NHTSA)
released a study evaluating the overall increase in highway safety
that would result from use of autonomous vehicles.
"It is assumed that AV [autonomous vehicle] systems could potentially
address pedestrian, cyclist and animal crashes as well as loss of
control, road departure and maneuver crashes in which speeding is
a contributing factor," report officials for the NHTSA. Figures
released in the report further project these autonomous systems,
when installed in vehicles, can decrease car accidents by as much
as 81 percent.
As convenient as an autonomous vehicle may be for some consumers,
it could mean reduced sales for a variety of auto industries, including
auto glass repair and replacement.
"There has, however, been little thought about how autonomous vehicles
might impact business and alter industries ranging from car makers
to auto insurers to transport companies to steel fabricators, and
in the process leave a trail of winners and losers," says Brian
Dumaine, senior editor-at-large for CNN Money in the Fortune report.
Additionally, autonomous vehicles may lead to significant changes
in auto insurance.
"As accident rates fall and liability becomes shared with the manufacturer,
drivers will see less need to carry so much insurance," continues
Dumaine. "To maintain their revenue stream, auto insurers will have
to shift to providing coverage to the car makers or software firms
that write the [operational] code."
This story is an original story by AGRR™ magazine/glassBYTEs.com™. Subscribe to AGRR™ Magazine.
Subscribe to receive the free e-newsletter.