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The S-Curve of Self-Driving Revolution
The Future of Robotaxis and Autonomous Vehicles
In the transportation and technology sector, companies have been adopting self-driving cars as a threat. Two years after autonomous vehicles began operating in California and Arizona, as well as Texas, they ceased operations due to accidents like one in October 2023. Despite these incidents, the industry is moving forward with caution.
The Chinese government has set ambitious targets for autonomous vehicle companies, including Baidu’s goal of achieving full autonomy by 2030 and the city of Wuhan. Waymo, another Chinese startup, has emphasized a technology-focused approach to regulations and public perception. Meanwhile, in other countries with more cautious approaches, such as the United States, regulatory environments are seen as too slow.
In contrast to the Chinese government’s directive approach, the US has slower adoption rates for self-driving cars. By 2025, autonomous vehicle systems are expected to become widespread. General Motors announced plans to become a leader in the industry, citing over 50 billion miles of road testing data for its FSD system compared to Waymo’s nearly 27 million.
Tesla’s self-driving car technology has been met with skepticism, as CEO Elon Musk explained during his vision for autonomous vehicles that Tesla’s FSD is “hard to understand.” However, both Waymo and Tesla have made significant advancements in their respective technologies. While there are still plenty of time to work out the differences between them, it appears that Waymo’s system has a slight edge in terms of safety records.
A study by the American auto research firm IIHS found that Waymo’s FSD system is 25 percent safer than Tesla’s. Waymo and Baidu’s autonomous vehicles have been tested in San Francisco for years, with Waymo figuring out the technology and operations of robotaxis. This approach seems to be working better than Tesla’s.
Tesla’s FSD system still has work to do, with reported disengagements on the daily commute of 3-4 times compared to Waymo’s robotaxis, which experience only 1 disengagement per hour. Regulatory concerns in the US are also a challenge, as the National Highway Traffic Safety Administration has quickly acted against companies where it saw harm to the public.
In contrast, China’s ambitious targets for autonomous vehicles are on full display in Wuhan. The government has already approved live testing on public roads in at least 16 major cities, with plans to increase this to nine automakers testing systems that go further than Tesla’s full self-driving mode by June 2024. According to the China Society of Automotive Engineers, one in five cars sold in China will be fully driverless by the decade’s end.
The autonomous vehicle industry is a complex and rapidly evolving field. Despite challenges to overcome, it’s clear that many companies are making significant progress in developing self-driving technologies.