Challenges faced by Self-Driving Cars

Pricing

Self-driving car advocates will certainly help save the planet and can be flexible to carry out the expansion of personal gatherings of mobility. Then as much as possible, the requirements of innovative ordinary people can bear the greatest price? Not at any time in the near future. Therefore, no matter how innovative it is incredible, if it is not affordable, it is useless. The incremental costs of producing autonomous vehicles are uncertain and questionable. To provide all the vehicle electronic functionality, automakers must include complexity and superfluous weight, for example, special sensors, wires, and other components or modules to a car (KPMG, 2012). Besides, system failures could be fatal to both vehicle passengers and other road users, every single basic segment will need to meet high manufacturing, establishment, installation, testing, repair and maintenance standards, similar to aircraft components, and so will probably be relatively expensive (Litman, 2017). Thus, the consumer will bear the expenses and the price of the self-driving car will be relatively expensive as the auto manufacturers will need to recover the expenses of development, progressing service such as special mapping and software upgrades and liability, plus with the gain profits.