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The Hype around self-driving wrecked cars to reality

The Plan was ambitious: The car service mediator, Uber expected in 2016 in order to be able already this year to 75'000 Autonomous vehicles operate. So Uber would have the largest cost block, the payment of the driver, greatly reduce. According to the Plan should be operated in the year 2022, of the 13 large cities in the world with such a robot-Taxis.

Now wants Uber to the stock exchange. And in the prospectus facts and not visions. Therefore, Raquel Urtasun, chief engineer of the Uber Advanced Technologies Group, said: "while We may not see Autonomous cars in our life time. But the question of time is not clear." It will "take too long" until the technology is widely applicable.

investors are skeptical

The Hype around Autonomous vehicles has recently with the IPO of Lyft a shock suffered. The company lost in just a few days, about 20 percent of their market value. This is a clear indication of the scepticism of many investors, given the fact that Lyft makes every journey loss. Here, there was no lack of warning Indications.

In its IPO prospectus Lyft outlined a significantly slower timetable for self-driving cars, as it is the promoters of the new technology did a few months ago. Therefore, it would take up to 10 years for a fleet of driverless Taxis would be available. And only five years later, such robots could be Taxis outside of cities for longer distances.

the expectations in terms of self-Fuelled cars to drive in the first place by Uber, and its founder Travis Kalanick. In 2016, he described the rapid introduction of Autonomous technology as "vital" for the company. Immediately About bought out the competing company Otto and hired the chief engineer Anthony Levandowski, has been celebrated as a Wunderkind of the new technology.

"Venture-Capital firms to cover the loss of any individual drive. Such a business model can only survive for a limited period of time." Jason Schlotzer, an Economics Professor at the McDonough School of Business

Since then, has invested according to estimates by Techcrunch, more than $ 900 million in self-driving cars. The engineers were convinced that the Acquisition of Otto would accelerate the development of the driverless fleet for years and the first 75'000 car could already be in 2019.

But the euphoria evaporated. The purchase of petrol had not accelerated the development, but even obstructed, said chief engineer John Cash, according to recently which has been made public in court documents. So Otto didn't even have a usable laser technology. Instead, the Integration of Otto Uber have slowed down considerably.

another blow to the Uber experienced with the fatal collision of an Autonomous vehicle with a foot commuter in Arizona. The test rides were only recently – and in a reduced Form.

Video: Uber-accident with a self-driving car The company Tests with automated vehicles be reinstated suspended. Video: Reuters

It is shown that the behavior of pedestrians, cyclists and other car a-arms that are difficult to predict. The human factor makes the Autonomous technology is complex and expensive, and forcing Uber to work jointly with General Motors and Waymo to the security question.

Uber and Lyft, however, need a rapid breakthrough. Both companies write big losses and can reach the profit threshold only, if you want to save costs. The situation is aggravated for Uber is the fact that the growth is stagnant already. The company has reduced the issue price of the new shares something. However, the expected stock market is high-value with 90 to $ 100 billion dollars, still extraordinary.

But the pressure of the investors have offered the company, in airy height, is large. "In fact, the Venture-Capital firms to subsidize the business model currently, they can cover the loss of each individual journey," says Jason Schlotzer, an Economics Professor at the McDonough School of Business. "Such a business model can only survive for a limited period of time." (Editorial Tamedia)

Created: 17.04.2019, 16:48 PM

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