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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PRESENTING: An inside look at winners and losers of fitness industry - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside a $40 million estate on Miami's celebrity-studded Star Island - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Last sold 04/28/2011 for $25,500,000, annual taxes are $460k, overpriced and the payments will kill you before any thief will. BTW there is another house on the island going for $27.9M
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside the hospital at Javits Center, from Navy Reserve officer - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Microsoft expect 70 bln. Income from RAM OS cartridge Windows sales ( which increase stability and security of OS)
Source: BusinessInsider - 🏆 729. / 51 Read more »

Amazon and Goldman Sachs partner on SMB lending - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Check It out! Do You Want To create 3d construction animation video hey AnandWrites our two favorite corps are now partnering because why not? (Sarcasm) Goldman Sachs: The Real Superpredators
Source: BusinessInsider - 🏆 729. / 51 Read more »

Dispensed Business Insider weekly healthcare newsletter June 12 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Uncharted Power's modular workforce is helping it survive the downturn - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »