Russia is an emerging market that is seeing major difficulties currently
As the automotive industry increasingly gears up for a high-tech future that is heading in the direction of automated and driverless vehicles, Russian companies are emerging with relevant technologies and strategies, says GlobalData.
Russia is an emerging market that is seeing major difficulties currently, with its economy and vehicle demand depressed. However, it is also a country with advanced technological capabilities – particularly evident in its aerospace and very well-funded defense sectors. Some of these technical capabilities are also becoming increasingly visible in the automotive sector.
Internet services firm Yandex (Russia’s Google) is planning to boost its fleet of self-driving cars to more than 1,000 units over the next few years to speed up tests on the new technology. Korean car parts giant Hyundai Mobis and Russia-based tech developer Cognitive Pilot have announced the completion of a software module for active safety and autonomous driving. The module is described as suitable for automated SAE Levels 3 and 4 application.