Autonomous Vehicle News
Industry analyst reports project that by 2023, 7.3 million vehicles (7% of the total market) will have autonomous driving capabilities requiring $1.5 billion of autonomous-driving-dedicated processors. In that case, the market for autonomous driving photonic processors will likely far surpass the projection of $14 billion by 2030. Adding autonomous driving into the mix widens this gap even further and potentially accelerates battery degradation. Autonomous EVs find themselves in a tug of war between maintaining battery range and the real-time compute power required to deliver autonomy. Photonic computing technology is on the brink of becoming commercially available and has the potential to supercharge the current roadmap of autonomous driving while also reducing its carbon footprint.