GM and Honda merge to produce self-driving cars

General Motors (GM) and Honda are getting themselves on the driving vehicle technology because big companies and technicians are the race to develop individual transport of next generation of legends. Japan’s Honda Motor Company will invest $ 2.75 billion in an autonomous vehicle unit operated by General Motors Company named GM Cruise, which is considered to be a leader in the nascent industry.

The goal, the companies said, is to develop an autonomous vehicle that can be produced in high quantities and can be deployed globally. They will also find commercial ways of using cruise networks worldwide. Partnership comes when the main players in autonomous vehicle space focus on developing technology so that it can be done to find out how to make the system safer and more economical.

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Navigent Research analyst Sam Ablesamid said that Taming is a way to add a layer of security, in which some groups use a company’s software to operate a vehicle and use partner software to act as a backup We do. He said, “Since companies move beyond the research phase in the research phase, there are many additional complications which are already being added to complex systems.”

In August, the vast Uber announced that it has partnered with Toyota to develop autonomous vehicles to develop autonomous vehicles, followed by a pedestrian crossing a dark road in Arizona. Other partnerships include BMW with Fiat Chrysler, Chipmaker Intel, and Visual Accreditation software maker MobileEye; And German automotive Daimler AG to develop autonomous cab with Bosch supplier.

With Google’s Vemo at the top, GM has been widely seen second in autonomous vehicle races. Vemmo is planning to set up autonomous vehicles on the road in a ride-sharing service in the Phoenix area before the end of this year, while GM has said that it will use its full autonomous vehicles Is planning to start.

Vemo said in May that he would buy more than 62,000 minivans to expand his riding and fishing venture from Fiat Chrysler. Wavo and Fiat Chrysler also said that they were discussing the use of Vemo technology in Fiat-Chrysler itself driving vehicles which would be sold to the public.

Tesla is developing autonomous vehicles, but some analysts suspect that this system is equal to the rest of the industry, because it only uses cameras, ultrasonic sensors and a radar – compared to dozens of sensors in competitors’ systems – And this’ Abuselamid said that there is not enough memory bandwidth to process all the data.

Mitchell Krebs, executive analyst at Autoteder, believes that partnership between GM and Honda is important in developing such advanced technology because it requires huge investment, with a little bit of quick payment.

Honda will invest $ 750 million of the project immediately, and will spend $ 2 billion more than 12 years on this project. Haji, an executive vice president of Honda said, “Honda chose to collaborate with Cruise and General Motors on the basis of their leadership in autonomous and electric vehicle technology and shared our shared vision of zero emissions and zero collision.”

GM and Honda merge to produce self-driving cars

Honda and GM are already sharing fuel cell vehicles and in June announced that they are mainly developing batteries for electric vehicles for the North American market. In May, Japanese technical firm investment firm Softbank announced that it is taking a 20% stake in Cruise for $ 2.25 billion.

GM had said that plans have been made to use cash infusion to start robotaxi service at least one major city from next year. Softbank has a big stake in Uber as well as India’s Ola Ride Service and China’s top rides firm Didi Chaksing. Detroit-based GM shares were up 1 percent in the afternoon trade, while Honda’s share was down 1 percent.

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Manish Kumar Barnwal

Manish Kumar Barnwal

Hye guys, I am Manish a professional Digital Marketer, Blogger & Youtuber. And I am just 18 years old. Tech Affair 24 is my dream blog, here on my blog I share articles related to Technology, Digital Marketing, Tech News and Online Earning.

One thought on “GM and Honda merge to produce self-driving cars

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    December 30, 2018 at 3:15 AM
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