AutoTechInsight
Level 4 realities: Navigating the evolution amidst industry challenges
The latest analysis from S&P Global Mobility examines the current state of SAE Level 4 technology in mobility. While the deployment of this technology in private vehicles is not expected soon, there are significant advancements in technology, regulatory support, and consumer interest. Established companies that have been testing Level 4 capabilities for over five years are preparing to announce plans for commercialization. These companies may experience low initial profitability but will need to focus on long-term returns as they move forward in the evolving transportation sector.
The following report is an update of 2023 Autonomous driving report ”Autonomous driving: Exploring the autonomous mobility revolution”. This report offers a comprehensive analysis of robo-taxi technology, tracing its development, market dynamics, and the expanding ecosystem that underpins it. It will explore the intricate landscape of autonomous driving, highlighting significant market trends and potential challenges ahead. Additionally, the report focuses on leading Level 4 technology providers, emphasizing their critical roles and contributions to this transformative automotive sector.
