5 companies most likely to survive self-driving car industry shakeout - Business Insider

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An autonomous-vehicle expert reveals the 5 companies best positioned to survive the wave of consolidation headed for the self-driving car industry

rankings of companies developing autonomous-driving technology and mobility services. Those three, along with Intel's Mobileye and Baidu, are in the best position to weather the fallout from the coronavirus, said Sam Abuelsamid, a research analyst at Guidehouse Insights whose areas of focus include automated driving and mobility services. The common threads between them are strong technology and promising business models.

In contrast, small startups that have yet to make much progress will be put in a difficult position, Abuelsamid said, as it was already becoming harder for them to raise money before the coronavirus spread across the globe. In recent months, Zoox , Ike, Velodyne Lidar, and Kodiak Robotics have undergone layoffs, while Starsky Robotics has shut down.

"Although the current situation of course affects the automotive industry, our path to automated driving remains unchanged," a BMW representative told Business Insider.

 

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