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Daimler and BMW are teaming up to develop autonomous driving technology to cut costs and set an industry standard that can help to shape future regulation for self-driving cars, senior executives said on Wednesday.
'It is a chicken and egg situation. Somebody has to standardise the technology and regulation will follow,' Klaus Froehlich, BMW's board member responsible for development, said.
Development - Costs - Cars - BMW - Daimler
Spiralling development costs for self-driving cars have forced BMW and Daimler to team up to share the financial and engineering burden, executives explained at a press conference in Geneva.
With fully autonomous cars that lack drivers, manufacturers take on potential liability risks arising from accidents, pressuring the industry to clarify technological standards so that regulators can draw up rules.
'It - Technology - Standards - Generation - Vehicles
'It is to push technology forward and to set standards already in generation two vehicles, and not just in generation four. We do not want to waste resources,' Froehlich said to explain the collaboration between the German automakers.
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