Report: Waymo to release self-driving minivan by 2025
Google sister company could tailor technology for logistics industry to save money on gas and driver charges, Frost and Sullivan says.
Transportation technology vendor Waymo, the sister company of Google Inc., is on track to release an autonomous minivan by 2025, and could adopt that technology for commercial use in logistics applications, according to an industry report.
Mountain View, Calif.-based Waymo, the autonomous-vehicle technology division of Google's parent company, Alphabet Inc., is contributing the software and sensors that could allow a Chrysler Pacifica minivan to drive in fully autonomous mode, according to the report from Frost & Sullivan, "Strategic Analysis of Waymo's Future Autonomous Disruptive Capabilities for the Automotive Industry."
If Waymo succeeds in that plan, it could use the same technology in other sectors, including the logistics, retail, and public transportation industries, Frost & Sullivan says. Commercial transportation companies could then use Waymo's software and sensors to build self-driving vehicles that save on fuel and driver costs, according to the report.
Other companies working on self-driving car technology include Uber Technologies Inc., which acquired the autonomous trucking startup Otto in 2016, as well as Volvo Group and Daimler Trucks North America LLC.
Waymo's progress is a sign that the automotive industry is poised to transform from manufacturing basic transportation platforms to developing highly connected digital ecosystems that unite a range of connected devices, Frost & Sullivan said. Those devices could enable the collection of data from both vehicles and users, allowing vendors to offer customized services, the report said.
"Waymo's autonomous technology has vast revenue potential in shared mobility and data-based services, and in various applications such as self-driving trucks, cars, and drones," said Frost & Sullivan Mobility Research Analyst Ajay Natteri Mangadu. "However, with every major automotive original equipment manufacturer (OEM) working on their own in-house autonomous software, finding the right partner to license Waymo's technology will be imperative to its success."
Resources Mentioned In This Article
- Self-driving truck technology is outpacing legislation and regulation in many states, CSCMP panel says
- A TMS partnership that spells sweet success
- DHL Supply Chain says partnership with Convoy, Turvo could boost efficiency
- Uber Freight opens Chicago headquarters
- Report: Cybersecurity lags in logistics industry
Join the Discussion
After you comment, click Post. If you're not already logged in, you will be asked to log in or register.
Feedback: What did you think of this article? We'd like to hear from you. DC VELOCITY is committed to accuracy and clarity in the delivery of important and useful logistics and supply chain news and information. If you find anything in DC VELOCITY you feel is inaccurate or warrants further explanation, please ?Subject=Feedback - : Report: Waymo to release self-driving minivan by 2025">contact Chief Editor David Maloney. All comments are eligible for publication in the letters section of DC VELOCITY magazine. Please include you name and the name of the company or organization your work for.