(Bloomberg) -- Hyundai Motor Co. is considering developing itsown computer chips and sensors used in autonomous driving to gainfuller control over components seen as being crucial to futuredevelopment of cars.
|South Korea’s largest carmaker currently buys parts forautonomous driving-related technologies from affiliates and othersuppliers, Kim Dae Sung, director at the automaker’s automotivecontrol system development group, said at a forum in Seoul onTuesday, without naming the companies.
|Hyundai Motor expects fully self-driving cars to be available in2030 and has completed the development of technology for partialautomation, he said. The company is currently in the developmentphase of cars with a high degree of automation, he said.
|Related: Self-driving cars: Who's liable when software is atthe wheel?
|Most major carmakers are working on autonomous driving andrelated technologies that help improve safety, from keeping cars inlanes to avoiding collisions with the use of radar sensors. Theaverage car had $333 worth of chip content as of 2014, an increaseof 11% in the past four years, according to BloombergIntelligence.
|Hyundai’s biggest car parts supplier is affiliate Hyundai MobisCo.
|Join us on Facebook and give us a Like!
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.