Apple nearly doubles self-driving fleet in California
Codenamed "Project Titan", Apple`s self-driving programme`s fleet is reportedly made up of Lexus RX450h SUVs each of which is fitted with huge racks of LIDAR and radar sensors as well as cameras.
)
03:38 PM IST
Registering 18 new vehicles since January, Apple has expanded its self-driving car programme rapidly and now has 45 autonomous vehicles registered with California`s Department of Motor Vehicles. The company had 27 self-driving cars until late January.
"Apple has nearly doubled the number of self-driving cars in its California test fleet. The number of cars is more than companies like Google, Waymo, and Uber have and is second only to General Motors which performs tests with Cruise -- its self-driving division," the Financial Times reported late on Tuesday. Behind Apple is Tesla which currently has 39 self-driving vehicles, and Uber which has 29 cars.
Codenamed "Project Titan", Apple`s self-driving programme`s fleet is reportedly made up of Lexus RX450h SUVs each of which is fitted with huge racks of LIDAR and radar sensors as well as cameras.
"The Cupertino-headquartered company is expected to produce a platform for ride-hailing services, most likely in partnership with third parties," according to Apple Insider.
"Alternately, it could revert to designing its own electric vehicle but the company would need to contract with outside factories to build it," the report added.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
)
Top 6 Largecap MFs with up to 39% Return in 6 Months: No. 1 fund has turned Rs 20,000 monthly investment into Rs 1,31,527
)
Power of Rs 13,000 SIP: How long will it take to turn Rs 13,000 monthly investment into Rs 5,00,00,000 corpus?
)
Top 5 Midcap Mutual Funds With Best SIP Returns in 7 Years: Rs 13,000 monthly SIP in No. 1 fund has led into Rs 31.02 lakh wealth
)
Rs 19 Lakh Lump Sum Investment in Mutual Funds: How many years can it take to create a Rs 1 crore, Rs 2 crore & Rs 3 crore corpus?
)
10 Stocks To Buy For Long Term: Analysts recommend largecap, midcap, smallcap scrips; Glenmark Pharma, TCS on the list
)
SGB Gold Bond vs Top Gold ETF: Which has given higher return on Rs 5 lakh investment in 5 years? See returns and calculations
03:38 PM IST