A handful of European startups are developing driverless cars to navigate the clogged, chaotic, rain-swept roads of European cities. Read more:
Operating on a shoestring relative to their U.S. rivals, the European startups say they have been forced to get creative and focus on cheaper, more tailored technologies that could cope in a heavy downpour on a busy London street.
The company has been testing its software in a Ford Mondeo crowned with assorted cameras and sensors on the busy streets of the city, driving the same loop, down the high street and past the Red Lion pub, five times a day for three months. Oxbotica’s public road trials are labor-intensive and costly, and demonstrate the extent of the challenge facing companies aspiring to take on Waymo and Uber on a shoestring.
A passenger vehicle is seen traveling autonomously using Oxbotica software during a trial on public roads in Oxford, Britain, June 27, 2019. REUTERS/Toby MelvilleU.S. startups may benefit from generous funding but Europeans argue the yawning gap in financing – coupled with the particular regional needs - has pushed them to find cheaper ways to plug the technological gaps.
He said Wayve would be looking for partnerships in the near future with car makers, suppliers and any other bodies such as regulators involved in developing a driverless future. He also shrugged off the idea companies such as Waymo and Cruise would pose a serious threat with their bigger financial clout.
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