March 6, 2019—Daimler and BMW are teaming up to develop autonomous vehicle technology that could help determine the future for self-driving cars, reported Reuters. Spiraling development costs for self-driving cars have forced BMW and Daimler to team up to share the financial and engineering burden, according to the report.
With fully autonomous cars that lack drivers, manufacturers take on potential liability risks arising from accidents, pressuring the industry to clarify technological standards so that regulators can draw up rules.
In the next four months, the automakers will form committees to pick potential suppliers of advanced driver assistance systems and autonomous driving technology.
