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Uber confirms its self-driving car project

United States: The taxi company has cleared the rumour regarding its ongoing development of self-driving cars. The company has confirmed the testing at Uber’s Advanced Technologies Centre (ATC) in Pittsburgh.

The American multinational online transportation network company Uber is using a hybrid Ford Fusion, which will be testing its self-driving capabilities and also collecting data related to mapping. The car will be assisted by a trained driver for monitoring operations when the car is moving in self-driving mode. The Uber ATC is outfitted with a number of advanced sensors including radars, laser scanners, and high resolution cameras to map details of the environment.

Uber further said its project for autonomous car technology is mainly concentrated on minimizing the number of death caused by road accidents as a result of human error. According to Uber, almost 1.3 million people die every year due to car accidents and 94% of these mishaps occur due to human errors. This technology has immense potential to save millions of lives and quality of driving experience as well. San Francisco based Uber recently joined a coalition including Alphabet Inc.’s Google and Ford Motor Co. to advocate for safety regulations for self-driving cars and help bring them to American roads.

According to a recent report published by TechSci Research “Global Autonomous Car Technology Market Forecast and Opportunities, 2035 – ADAS, Semi-Autonomous, Fully-Autonomous, global autonomous car technology market is expected to witness a CAGR of over 10% through 2035. The market is currently dominated by ADAS segment, which is expected to maintain its dominance over the next twenty years as well. The dominance of this segment can be attributed to anticipated increase in government regulations pertaining to integration of ADAS technologies in passenger cars. Further, semi-autonomous car technology is expected to witness robust growth over the next ten years, owing to anticipated decline in its average selling price coupled with rising volume sales. Region-wise, North America has emerged as the largest contributor in the market for autonomous car technology, followed by Europe, Asia-Pacific (APAC) and Middle East North Africa (MENA).

As per TechSci Research, this advancement done by Uber is anticipated to enhance the competition for self-driving cars in the industry. The entry of Uber in self-driving technologies will provide it an edge over other players in the taxi industry. The new technology is further anticipated to encourage other leading automobile companies and taxi companies to invest in this concept in the upcoming years.

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