Delphi Aims to Cut Self-Driving Car Costs 90 Percent by 2025

Dec. 6, 2017
Notably, Delphi's CEO doesn’t expect fully self-driving systems to make it to the consumer car market (in high volumes) until at least 2025. The commercial market, on the other hand, is going to be very interested regardless of high costs.

Dec. 6, 2017—The auto parts supplier Delphi Automotive—currently in the process of changing its name to “Aptiv Inc”—is aiming to reduce the costs of self-driving cars by over 90 percent by 2025, according to Clean Technica.

The plan is to cut self-driving car costs down to only around $5,000 or so within 7–8 years.

In relation to this goal, the name change to Aptiv Inc., represents a clear statement of commitment. The firm is essentially banking its future on the eventual large-scale rollout of cheap self-driving cars.

The plan is apparently to “help automakers rethink the way vehicles are engineered and built and make money on the data generated by autonomous electric vehicles,” as explained by Reuters.

“While current estimates for the cost of a self-driving hardware and software package range from $70,000 to $150,000, ‘the cost of that autonomous driving stack by 2025 will come down to about $5,000 because of technology developments and (higher) volume,’" Delphi CEO, Kevin Clark said in an interview.

Delphi paid around $450 million just a few months back to acquire the self-driving car firm nuTonomy—a further clear statement of commitment to the tech and future market.

Notably, the CEO doesn’t expect fully self-driving systems to make it to the consumer car market (in high volumes) until at least 2025, owing to high system costs. The commercial market, on the other hand, is going to be very interested regardless of high costs.

Sponsored Recommendations

Best Body Shop and the 360-Degree-Concept

Spanesi ‘360-Degree-Concept’ Enables Kansas Body Shop to Complete High-Quality Repairs

ADAS Applications: What They Are & What They Do

Learn how ADAS utilizes sensors such as radar, sonar, lidar and cameras to perceive the world around the vehicle, and either provide critical information to the driver or take...

Banking on Bigger Profits with a Heavy-Duty Truck Paint Booth

The addition of a heavy-duty paint booth for oversized trucks & vehicles can open the door to new or expanded service opportunities.

Boosting Your Shop's Bottom Line with an Extended Height Paint Booths

Discover how the investment in an extended-height paint booth is a game-changer for most collision shops with this Free Guide.