Daimler AG (ETR:DAI), the parent company of luxury car maker Mercedes-Benz has revealed they will be bringing out their self-driving rideshare service in as little as three years. To do this, they have already teamed up with Bosch, which is one of the largest suppliers of automotive components in the world. The association is likely to speed up the development of the self-driving cars of Mercedes.
A company statement said the project will “take the comprehensive vehicle expertise of Daimler and combine it with the systems and hardware expertise of Bosch”. The target year for these fully automated and driverless cars is 2020.
Many Have Come Together to Develop Driverless Cars
Of course, this isn’t the first time two businesses have paired up to develop driverless cars. Many tech firms, suppliers, and carmakers have done this before, realizing the tremendous potential of these vehicles. Fiat Chrysler has teamed up with Google, Uber has joined hands with Volvo, Delphi and Mobileye have come together, and now Bosch and Daimler have pooled their resources.
The year 2020 has been picked carefully. General Motors, BMW, Ford, and Google’s Waymo all have plans of launching their services around 2021. Uber is already testing their self-driving cars in Pittsburgh. Their offer is also likely to come around 2021. With Daimler-Bosch may benefit by launching a year ahead.
Mercedes-Benz and Bosch may seem like old-fashioned competitors in an industry that is dominated by the Silicon Valley, but with their experience, they may make a difference.
Stiff Competition Is Expected
Many businesses have entered the field of autonomous taxiing. The stiff competition is good news for the consumers. Not only are these businesses competing with each others, they are also competing with personally owned vehicles and traditional taxis. Actually, with ride-hailing services booming around the world, the sales of vehicles have plummeted in recent years. Sedans are selling much less than before. However, the carmakers are selling more sports utility vehicles and trucks.
Also, automotive cars can make personal transportation safer and cleaner. That is another advantage. And if many of these cars end up being battery-operated, then that would solve the pollution problem in many urban areas as well.
Studies have revealed that more than 90 percent of vehicular accidents are because of human error. With self-driving cars, the roads of the future are expected to become much safer, at least theoretically. Thousands of lives are likely to be saved every year even if there is a partial improvement.