Autonomous car insurance drives new opportunities
In 2017, Kyle Vogt, the founder of GM-backed autonomous car company Cruise, promised that the startup would begin testing driverless vehicles in New York City by 2019. That didn’t come to pass — Cruise put the brakes on the pilot in August 2018 — but driverless cars have scaled significantly in the years since Vogt’s pronouncement. Last month, Ford and Argo AI announced they would work together to launch self-driving cars on Lyft’s ride-hailing network in Miami and Austin, Texas. Motional, a joint venture of Aptiv and Hyundai, plans to start testing autonomous vehicles in Los Angeles following a deployment in Downtown Las Vegas. And Intel’s Mobileye recently became among the first to pilot self-driving cars in New York City, beating rival Cruise to the punch.
https://venturebeat.com/2021/08/23/autonomous-car-insurance-drives-new-opportunities/