Throughout February 2022, the transportation technology sector witnessed how concerns over self-driving automobiles increased as they became the main topic of discussion. The week the Latest Sale team reports from the Business Directory and showcases how there is a growing understanding that the primary function of autonomous vehicles still remains unclear despite significant investments.
Tesla’s Full Self-Driving feature-equipped vehicle recall, which has affected almost 54,000 vehicles, highlighted the necessity for precise safety requirements. Regulating bodies struggled to keep up with the self-driving race, leaving concerns for public safety unresolved. By launching self-driving electric shuttle cars in the United States by 2024, companies including Intel’s Mobileye are extending the use of automated driving beyond personal transportation. Additionally, as costs dropped and technology improved, electric buses have become more widely used especially in developed economies.