The Brookings Institute, a well-known research institute in the United States, released a report today that global auto makers and technology companies have invested about 80 billion U.S. dollars in autopilot, but so far there is still no obvious leader.
Auto-driving cars are currently a hot spot, and automakers and technology companies such as Ford Motor Company, General Motors, Apple, Tesla, Blackberry, Google (Waymo) and Baidu are all developing related technologies. The Brookings Institution conducted statistics on global auto-driving car R&D investment from August 2014 to June 2017 and found that the investment amount for the three years reached approximately US$80 billion.
The development of self-driving cars involves technologies in various fields, including machine learning, sensors and navigation technology, adaptive mapping technology, and "car-to-car" communication technology. According to the Brookings Institute, over the past three years, there have been more than 160 investments, partnerships, and mergers and acquisitions related to autonomous driving technology worldwide, for a total of US$80 billion.
The report also pointed out that the 160 transactions it collected were based entirely on public information. It is conceivable that due to limited data, the actual investment in this field will be more than US$80 billion. Moreover, with the further development of technology, there will be more capital investment in the future.
The report shows that these investment activities are mainly concentrated in the United States, China, Germany, Israel and the United Kingdom. The main investors are car manufacturers and vehicle operators, as well as chip vendors and software companies.
Even so, there has been no clear leader in this area so far. However, a few manufacturers have already taken advantage of certain first-mover advantages such as Waymo and Tesla. The timetable for the introduction of self-driving cars by these companies is not the same, and most of them are concentrated between 2018 and 2022.
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