In just 20 years, autonomous vehicles (AVs) have now become feasible and viable as a solution for mass urban mobility. Startups and emerging companies have been developing underlying technology-driven support solutions to truly enable self-driving vehicles.
Increasingly, ride-hailing and -sharing services experiment with level 4 autonomy where the driver is not required to pay full attention to the driving but still requires one.
StartUs Insights Platform analyzed the geographic distribution of global activity in Autonomous Vehicles. They identified 22 regional hubs that observe high activity in developing self-driving technologies and solutions across industries like automotive, mobility, manufacturing, and construction to name a few.
According to their data, Silicon Valley, London, New York City, Tel Aviv, and Los Angeles are home to 344 startups and emerging companies accounting for 33% of global activity. Let us have a look at some of the promising AV startups from these 5 top hubs.
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Autonomous Vehicles: A Global Startup Hub Activity Analysis
In just twenty years, autonomous vehicles (AVs) have transformed from being unreliable and 'too futuristic' to becoming feasible and viable as a solution for mass urban mobility. An explosion of ride-hailing services combined with rapid advancements in sensing technologies plays a key role in the progress of AVs.
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