All about Top 5 Self-driving Car Start-ups in US, Europe and China – Mobility Foresights

In 2017, these 15 self-driving car start-ups have cumulatively raised funding of more than $3 billion till date and the funding raised in 2017 was 100% more than 2016. The total funding of all self-driving scar tart-ups from both private and corporate investors has gone past $5.5 billion as of March 2018.The digitization is also fuelling the prospects of autonomous on demand ride hailing taxis. It is worth mentioning that only few of the start-ups are generating revenue and some are yet to showcase a clear path to scale up and ultimately become profitable. US is considered to be leading the way in terms of legislation for driverless vehicles. States in America including Nevada, Florida, California and Michigan have already passed laws concerning driverless cars.