CB Insights just completed a nice analysis of the Driveless Car Market. As we can see from the chart Google isn't the only one making moves in the autonomous vehicle arena.
Auto makers, auto brands and tech companies are following a similar path too.
It is believed that the arrival of driveless vehicles will trigger the auto-industry’s largest shake-up since its inception.
Even though it may take a while for us to see such innovation become mass market, what will the implications be though for the motor insurance market? If people are not driving cars, what will we really be insuring?
The arrival of autonomous vehicles will trigger the auto-industry’s largest shake-up since its inception. While Google is the most talked-about player in the space, we identified 25 other major corporations or corporate brands using CB Insights’ investment, acquisition or partnership data that are involved in the driverless car space. While some players are setting up funds to invest in new technology involving autonomous cars, others are trying to build self-driving vehicles from the ground up.