Open AccessAccelerating the Race to Autonomous Cars – A Case Study
Author(s) -
Divya Kumari,
Subrahmanya Bhat
Publication year - 2021
Publication title -
international journal of applied engineering and management letters
Language(s) - English
Resource type - Journals
ISSN - 2581-7000
DOI - 10.47992/ijaeml.2581.7000.0114
Subject(s) - automotive industry , originality , automation , competitive advantage , production (economics) , autopilot , critical success factor , marketing , engineering , manufacturing engineering , business , creativity , economics , mechanical engineering , control engineering , political science , law , macroeconomics , aerospace engineering
Background/Purpose: Every automaker is racing to generate self-driving innovations and some slew of fantastic tech firms and start-ups doing the same. The vehicle industry has a long history of implementing cutting-edge technologies to bring efficient, creative, and reliable vehicles to market, all while working to reduce production costs. Such innovations involve machine learning and computational intelligence, which are essential to automobiles progress. Machine learning (AI) technologies have made the innovative concept of self-driving vehicles an actuality. Today, global automotive rulers such as BMW, Volvo, and Tesla use intelligent automation to enhance production, raise production efficiency, and actually drive secure, extra relaxed, expanding, and increasingly enjoyable. This article provides a comprehensive analysis of Companies in the development of Autonomous vehicles and used ABCD analysis to examine the key parameters.Objective: Analyses the technology and business strategies of the companies in the Race of Autonomous cars.Design/Methodology/Approach: The information for this case study were gathered from various scholarly articles and websites.Findings/Result: The technological details of Artificial Intelligence, Self-driving car companies, laws and restrictions of different companies for using Self-driving vehicles, Autopilot driving features, sales volume and financial expansion, Impact of COIVID-19 on Autonomous vehicles business are studied. The impacts of COVID-19 on the autonomous car business are analysed using the ABCD framework.Originality/Value: The result provides a brief overview of different self-driving vehicle companies and self-driving technology building companies in the competitive race.Paper type: A Research Case study paper - focuses on companies in a race of producing Autonomous vehicles and the growth of those companies.