Perspective: The Evolution of 5G
Posted on Mar 2, 2016 in Industry News, Technology Impacting Auto Insurance | Comments Off on Perspective: The Evolution of 5G
The evolution of 5G wireless technology is expected to be completed sometime between 2018 and 2020, and the speed of 5G will be somewhere between 10 to 40 times faster than the current system, 4G. 5G will also carry a higher volume of data along with a faster pace. But experts are concerned about the transmission range of the 5G network. Enter Google once again with a potential...
Tesla Launches New Self-Parking Technology
Posted on Feb 25, 2016 in Technology Impacting Auto Insurance | Comments Off on Tesla Launches New Self-Parking Technology
Last month, Tesla released new software that the company claims is the next step toward developing fully autonomous driving capabilities. Uniquely, Tesla launched the new software “over-the-air.” Through an app, the software enables a driver to prompt the vehicle to open the garage door, enter the garage, park itself, and shut down. The “over the air” upgrade...
Regulation Needed to Keep Pace with Autonomous Vehicle Technology
Posted on Feb 23, 2016 in Technology Impacting Auto Insurance | Comments Off on Regulation Needed to Keep Pace with Autonomous Vehicle Technology
Automakers and technology companies will meet at the World Economic Forum this week to discuss the industry’s hot button issues, including the regulation of autonomous vehicles. The federal government had pledged its support to autonomous vehicle development, but has largely left the regulatory decisions to state and local governments. Currently, only a few states have passed...
Perspective: Level 4 Vehicle Automation
Posted on Feb 22, 2016 in Perspective | Comments Off on Perspective: Level 4 Vehicle Automation
In May 2015, Freightliner’s Inspiration Truck began operating on Nevada highways at what the National Highway Traffic Safety Administration (NHTSA) defines as Level 3 of autonomous vehicle capability. Make no mistake, Level 3 and Level 4 capabilities are both autonomous. The difference between Level 3 and Level 4, as described by NHTSA, is Level 3 design allows for a vehicle to...
New Taxes to Support Autonomous Vehicles
Posted on Feb 11, 2016 in Industry News | Comments Off on New Taxes to Support Autonomous Vehicles
The Obama Administration has proposed a budget that includes a $10-per-barrel tax on oil, the stated purpose of which is to fund autonomous cars and improve traffic. This plan would provide over $2 billion per year for research on clean transportation, autonomous vehicles, and smart vehicle technologies, as well as an additional $20 billion a year to reduce traffic.
