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home / news releases / VOLVY - What Does the Future Hold for Self-Driving Cars?


VOLVY - What Does the Future Hold for Self-Driving Cars?

Self-driving cars are poised to revolutionize the transportation industry. There have been many significant shifts in the auto industry since the beginning of commercial auto production roughly eight decades ago, but the basic formula of a human operator guiding a vehicle using a steering wheel and pedals has held pretty steady across that time span. That's changing quickly. Newer cars already have automated features for things like parking and collision detection, and auto and tech companies are hard at work to deliver vehicles that are capable of advanced navigation without input from a human driver.

Automated driving systems (ADS) for cars, trucks, and vans are on the way and set to bring some huge changes and opportunities. Here's a look at what the future might hold, some of the big roadblocks facing driverless technology progression, and what the major breakthroughs from the improvement of the tech could mean.

Image source: Getty Images.

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Stock Information

Company Name: Volvo AB ADR B
Stock Symbol: VOLVY
Market: OTC

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