Home Finance News Daimler And BMW Team Up To Produce Automated Cars In Landmark Development

Daimler And BMW Team Up To Produce Automated Cars In Landmark Development

There used to be a time when self-driving or autonomous cars used to be the stuff of science fiction films, but that has now changed dramatically as the advancements in technology have made many pipes dreams a possibility. One of those is self-driving cars, and it is very much a possibility now with many companies having created self-driving cars of their own. However, the fact remains that it remains to be seen whether those cars can be mass produced and how long it is going to take before it can be run like a business. To that end, many of the world’s biggest car manufacturing companies have started working, and in a new development, BMW and Daimler have teamed up to work on a self-driving car project.

BMW and Daimler are two of the biggest car manufacturing entities in the world, and collaboration between them is surely one of the biggest developments for the future of the self-driving car industry. As everyone knows, technology is the most important factor when it comes to self-driving cars, and the two companies are going to work on technology that is theoretically better than the available ones. Additional features like automated car parking and automated cruise control are also expected to be added to the cars. In this regard, it is important to note that the technology that the companies will be working on is aimed at making these cars fully self-driving. If the project is successful, then the cars in question will not need any human touch at all during a journey.

However, it is important to note that such a project will take a lot of time, patience and money for it to be successful. Hence, the two companies have announced that it would not be before 2024 that the results of the collaboration are going to be revealed to the public. That being said, the collaboration between two of the biggest car brands in the world is definitely a step in the right direction for all self-driving car enthusiasts.

David Pender
David Pender
David is a journalist interested in writing news-stories regarding forex. He has been in forex industry since 2014. he recently, joined our team as a news writer. He studied mass communication and has 7+ years of experience. He is an avid trader. He can be reached by email: david@forexnews.world.

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