Faraday Future to Test Autonomous Cars in California
United
States: California Department of Motor Vehicles has confirmed
that Faraday Future has been granted permission to test its electric prototype
of autonomous car on its public roads. The company, which has acquired the
approval on June 17, 2016, intends to manufacture and sell electric vehicles in
the United States by 2017.
The company has been testing prototype of
electric vehicles since last year at its private facilities. According to Jan
Becker, senior director of automated driving at Faraday’s San Jose technology
centre, the cars designed by the company would be equipped with ““state of the
art driver assistance systems”. Such systems would categorize the electric car
into “Level 4” autonomous car categorization.
More than 13 companies have already received
approvals in California for testing autonomous prototypes. Google, Volkswagen,
Tesla,
Mercedes, BMW, Nissan, Honda, and Ford are few of the companies which have been
granted the approvals for the same.
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, Faraday Future’s
foray into the world of autonomous vehicles is anticipated to result into stiff
competition amongst companies in the domain of driverless vehicles. It is
anticipated that the company will launch the successful model of self-driven
car in the coming year.