Honda To Invest Nearly 3 Billion Dollars On Self-Driving Cars

4th October 2018

Honda said it wanted to develop a self-driving car that could be mass-produced.

Japanese carmaker Honda is to invest $2.75bn (€2.39bn) and take a stake in General Motors' self-driving unit, GM Cruise.

Honda said it wanted to develop a self-driving car that could be mass-produced.

San Francisco-based GM Cruise, which developed Chevy's first driverless cars, states that the technology it is working on allows self-driving cars to see more than a human driver would, since each car would have 10 cameras installed, taking photos at a frequency of 10 shots per second.

"We see more of what is going on around the car at any given time than a driver can," GM Cruise said.

The race to develop autonomous vehicles is becoming more and more competitive, with Toyota and Softbank creating a new venture to develop transport services using autonomous vehicles.

However, a series of accidents have left some consumers wary of driverless cars.

Ridesharing company Uber briefly suspended self-driving cars tests in March after a fatal accident in the US, while a self-driving car owned by Apple was involved in an accident early in September.


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