Tata Elxsi, an Indian-based product technology, and design company, recently announced they will be stopping their tests of autonomous driving vehicles since the demand for these technologies has started to decrease.
CEO for Tata Elxsi said, “The need for full autonomy seems to have disappeared for the moment and what is coming in is assisted driving.”
The company has stated that there has been an increased demand for conversion of cars into either hybrid or electric versions, which has resulted in an increased demand for assisted driver services. Currently, the company is licensing its own assisted driving solutions instead of their driver-less technology.
Toward the end of last year a Union Minister, Nitin Gadkari stated that autonomous cars wouldn't be permitted within India.
Gadkari said "Presently, there are 30 lakh (3 million) people who are getting employment (through the automobile industries). And in our economy, the most important thing is how to create more employment potential as our country’s population is very high.”
Several companies are already developing their own autonomous car efforts including Uber, Audi, Tesla, Waymo, BMW, Nissan, Toyota, and Ford. At the beginning of this year, Intel was reportedly working in India to begin testing their self-driving technologies. Intel stated they had teamed up with the state government and car manufacturers to begin gathering information about India's traffic, infrastructure, and other data.
Currently, the autonomous technology market is expected to be worth $65 billion by 2027 and the United States is the biggest market with around 40% market share.
Autonomous cars in India, however, appear to be slowing down. Tata Elxsi is witnessing a move within India's auto market toward electric vehicles rather than autonomous ones. This change could be attributed to the India government changing policies to emphasize electric car use.
India hopes to convert around 30% of all cars to electric by 2030.
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