A
The self-driving car investment crash, in one handy chart.
The autonomous vehicle boom is fizzling. According to a recent report from F-Prime Capital, AV investments have “significantly slowed” in 2022, declining nearly 60 percent as compared to the previous year. That reflects an overall decline in robotics investment — $12 billion in 2022, down from $18 billion in 2021 — but it also speaks to the current reality facing many AV operators right now. They’re laying people off, struggling with regulators and a skeptical public, or shutting down altogether. In short, it’s tough out there for a robot car.
Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Loading comments
Getting the conversation ready...
Most Popular
Most Popular
- Apple’s weird anti-nausea dots cured my car sickness
- Midjourney goes from generating cat images to full-body ultrasound scans
- Tim Cook says RAM expenses are ‘unsustainable’ and Apple is going to raise prices
- Apple’s smart home camera service is starting to impress me
- Can anyone look cool wearing Snap’s $2,000 glasses?
