EFI Global

Tesla’s Advantages In The Autonomous Vehicle Race

 Thursday, October 22, 2020

 Perr & Knight

The $2 trillion global automotive industry is ripe for disruption from autonomous vehicle technologies that make driving safer, more energy-efficient and more convenient.

Driver error causes more than 9 out of 10 crashes. Autonomous vehicles are robots on wheels that eliminate driver perception, distraction and incapacitation errors.

While cybersecurity risk poses a safety threat, there is little doubt that robots can drive better than humans under normal conditions. Most autonomous vehicles are powered by eco-friendly, zero-emission electric batteries, and they are designed to drive safely and efficiently.

Autonomous vehicles offer limitless opportunities for convenience by changing the driver into a passenger.

Following several years of product and strategy improvements along with making progress in gaining regulatory approvals for road testing, the major players are emerging in the race to commercialize fully autonomous vehicles.