Nissan Motor (NSANY) Set To Launch Autonomous Cars By 2022
Zacks Investment Research | Dec 06, 2017 08:59PM ET
Per Bloomberg, Nissan Motor Company (OTC:NSANY) is planning to unveil its autonomous vehicles in the market by 2022. This is an initiative by the Japanese auto company to emerge as a key player in the driverless automotive technologies.
Nissan aims to pursue a step-by-step method of adding autonomous-driving functions in its cars. First the company will allow its cars to switch to a single-lane driving on its own and later shift to navigating urban roads, which include intersections by 2020.
Many major players as well as new auto manufacturers have been gearing up to introduce their self-driving vehicles in the market. Nissan’s recent decision on this front confirms its presence as an active member in the race, among its peers.
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