Aurora Innovation, Driverless Car Start-Up, Announces Transactions with Hyundai and VW
Posted on Jan 5, 2018 in Industry News, Technology Impacting Auto Insurance | Comments Off on Aurora Innovation, Driverless Car Start-Up, Announces Transactions with Hyundai and VW
Both VW and Hyundai have announced deals with Aurora Innovation, a driverless car start-up from a former Tesla Autopilot program director. Although there were few details released about the nature of the deals, both VW and Hyundai have expressed a desire to roll out their autonomous vehicles. Hyundai, for example, has said that it is aiming for a roll-out of autonomous vehicles by the...
Waymo Driverless Ride-Hailing Service Will Insure Passengers Through Insurance Tech Start-Up
Posted on Dec 19, 2017 in Industry News, Insurance Developments and Trends, Technology Impacting Auto Insurance | Comments Off on Waymo Driverless Ride-Hailing Service Will Insure Passengers Through Insurance Tech Start-Up
Waymo LLC recently announced that it will use Trov Inc., a five-year old insurance start-up, to insure riders using its driverless ride-hailing service. Waymo, which is the autonomous car unit of Alphabet Inc. (Google’s parent), is hoping to beat others in the auto and ride-hailing industry to introduce its fleet of driverless vehicles; Waymo CEO stated in November 2017 that they were...
RAND: Don’t Make the Perfect the Enemy of the Good
Posted on Nov 10, 2017 in Industry News | Comments Off on RAND: Don’t Make the Perfect the Enemy of the Good
Researchers with the RAND Corporation have suggested that putting autonomous vehicles on the road before they are perfect can save lives. The researchers developed a model to estimate the number of lives saved or lost under 500 scenarios. The scenarios differed based on eight factors, including when driverless cars were introduced, how quickly they were adopted by consumers, and how...
Accident-Free Driverless Cars?
Posted on Oct 19, 2017 in Industry News | Comments Off on Accident-Free Driverless Cars?
Autonomous vehicle technology developer Mobileye provided the industry with proposed standards to control how self-driving cars operate. These standards, which are based on mathematical formulas, are meant to ensure that the self-driving car does not cause accidents, and to determine how liability will be assigned if an accident occurs. Thus, for example, the standards might ensure...
Electric and Hybrid Cars Selling Fast in Used-Car Market
Posted on Oct 3, 2017 in Industry News | Comments Off on Electric and Hybrid Cars Selling Fast in Used-Car Market
A recent study by iSeeCars.com found that electric cars and plug-in hybrids have become some of the fastest-selling used cars. During the first eight months of 2017, six alternative-fuel cars were among the top ten quickest to sell of all one- to three-year old used cars. Three of those models were electric (Fiat 500e, Nissan Leaf, and Tesla Model S), and three were plug-in hybrids...
China Moves Forward with Electric Cars
Posted on Sep 29, 2017 in Industry News | Comments Off on China Moves Forward with Electric Cars
China has announced its plan to require auto manufacturers to sell more alternative-fuel vehicles in the country. Companies that manufacture or import more than 30,000 vehicles a year will be required to obtain credits for “new energy vehicles” (including battery electric cars, plug-in hybrids, and hydrogen fuel-cell vehicles) that amount to 10% of annual sales by 2019. In 2020, that...
