The autonomous vehicle market is expanding rapidly. Many of the biggest names in tech are now shifting enormous amounts of resources into producing the necessary infrastructure to support autonomous cars, and big-name automakers are already rolling out the first ever lines of self-driving vehicles without human controls. Even the Department of Transportation is even scrambling to revise its regulations to make room for autonomous vehicles. While established auto giants are likely to enjoy their shares of the self-driving vehicle market, a few outsiders and new names are already making their presence known in this burgeoning industry. Now, Google’s Waymo vehicles have shocked the car market by beating out many established makers in an annual report ranking the biggest names in autonomous vehicles.
The report is published by Navigant, a Chicago-based professional services firm. Navigant publishes annual “Research Leaderboards” which rank companies in various sectors and growing markets. According to this year’s autonomous vehicles report, Google’s self-driving vehicle division Waymo has crept past some of the biggest names in the auto industry and is now ranked second in the autonomous vehicle market. Navigant ranks these nineteen autonomous vehicle makers according to ten different criteria: “vision; go-to market strategy; partners; production strategy; technology; sales, marketing, and distribution; product capability; product quality and reliability; product portfolio; and staying power.” Navigant’s top ten rankings are as follows:
- Volkswagen Group
- Renault-Nissan Alliance
Waymo vehicles have logged millions of miles on California roads in which only fourteen accidents occured, thirteen of which were caused by human drivers. To prepare for a full-scale rollout of their autonomous fleets, Waymo has already launched its own new form of auto insurance for its self-driving hailable vehicles. Can Google dominate the auto industry just as it has dominated internet services and products?