At the start of 2018, we find ourselves in the midst of an autonomous vehicles revolution.  In the private sector, leading, and some nascent, autonomous mobility innovators have forged ahead with a surge of investment.  Last year, The Brookings Institution found that during a snapshot between 2014 and 2017, more than 160 investments worth more than $80 billion went toward the auto electronics, microchips, sensors, artificial intelligence and deep learning, digital mapping, ridesharing, physical systems, and other software needed to power autonomous mobility.

Some of the transactions were large (e.g., GM acquired Cruise Automation for $1 billion); many others registered relatively smaller blips on the radar (e.g., NVIDIA’s $5.25 million investment in Optimus Ride, or Ford’s $6.6 million investment in Civil Maps).  But the volume — and the acceleration of investment beginning in 2016 — speaks to a general dynamism in the autonomous mobility space.
Continue Reading Covington Internet of Things Update: Off to the races – How will policy shape autonomous vehicles tech in 2018?