At the Consumer Electronics Show in Las Vegas, where the world's most influential force, General Motors and Intel subsidiary Mobileye, which will be listed at a valuation of $50 billion in the third quarter of this year, said that consumer-facing driverless cars may appear in 2025.
GM said it is committed to launching a consumer-facing driverless passenger car "as soon as the middle of this century." Israel-based supplier of autonomous driving system Mobileye revealed that it is cooperating with Zeekr, a pure electric vehicle brand owned by Geely Automobile, to launch a car with four levels of autonomous driving capabilities in 2024, becoming the world's first consumer car.
According to Goldman Sachs, eviction innovation will continue to generate growth for investors in 2022. The investment bank listed electric car company Tesla (TSLA) as one of its best stock picks for the New Year.
Goldman Sachs' Mark Delaney said in a report on Sunday: "Given Tesla's leadership in electric vehicles (which includes its vertical integration, tight coupling of hardware and software, and ecosystem of charging stations and brands) and its broader focus on clean transportation (given its solar and energy storage businesses), we believe Tesla is well positioned to take advantage of this long-term transition to electric vehicles." ”
Goldman Sachs raised Tesla's price target to $1200, which is 16.85% higher than last Friday's closing price. Goldman Sachs also maintained a buy rating on Tesla.
Goldman Sachs said automotive demand will remain strong compared to supply in 2022, allowing OEMs such as Tesla to continue to maintain strong pricing.
Ever since the auto gurus promised the arrival of self-driving cars in 2017, I've checked every year to see if they've arrived.
Tesla and General Motors (GM) recently made headlines for their self-driving options, but both manufacturers still insist that human drivers must be vigilant and supervise systems in case they suddenly need to take back control.
Goldman Sachs said Tesla should soon be able to expand its profit margins as it ramps up production of Model Y cars and ramp up production at new plants in Germany and Texas. He also said that growing software revenue will also drive profit margin growth.
Goldman Sachs also ranked General Motors (GM) as one of the best stock picks for 2022, based on its leadership in autonomous driving.
Some analysts pointed out that as more and more traditional automakers march toward pure electrification, and the position of autonomous driving in the global blockbuster consumer electronics show is becoming more and more important, this shows a clear fact: no matter how the battle to enter the electric vehicle and autonomous driving technology is carried out, when the charge horn is sounded, driverless electric vehicles will no longer become the patent of a certain brand. Both General Motors and Mercedes are working with Intel rivals Qualcomm and Nvidia, respectively, to develop proprietary self-driving systems.
The Wall Street Journal also said that tesla-bullish investors often bet on the prospect of charging $10,000 for a fully autonomous driving kit to justify the company's trillion-dollar valuation. But that doesn't fit the reality of self-driving technology, which by any traditional measure is market leader mobileye, an industry vendor. Cheaper consumer-grade driverless system-chip will be mass-produced in a few years, which is bound to bring no small challenge to Tesla, and its high valuation may be impacted again.
Toyota's Arene operating system will monitor safety systems and traffic information, as well as control basic car components such as steering wheels and brakes. It will be in conjunction with Volkswagen's upcoming "VW. OS" competition
Honda focuses on Level 3 autonomous driving systems that give the car full control, albeit only under very special conditions, such as low-speed driving in traffic.
The Society of Automotive Engineers (SAE), which sets the standard for the engineering industry, defines six levels, from Level 0 (without assistance) to Level 5 (fully autonomous driving under all conditions). Before autonomous driving can be officially achieved, the technology of the vehicle must reach all six.
Most new cars feature Level 1 technology such as lane keeping assist and adaptive cruise control.