Autonomous vehicle survivors on edge
There’s a phrase that keeps getting tossed around in the autonomous vehicle business: trough of disillusionment.
Cruise CEO Kyle Vogt said it on General Motors’ recent earnings call, and Aurora Innovation CEO Chris Urmson used a variation of to describe where the industry is right now. Their comments came after Ford and Volkswagen-backed Argo AI shut down and after a year-long rout in self-driving tech stocks.
https://www.autonews.com/mobility-report/autonomous-vehicle-survivors-edge