Hyundai's Jang Says Fleet Sales Key to Self Driving Cars

The transcript discusses the competitive landscape of the self-driving technology market, emphasizing the shift towards mobility service providers like Uber and Lyft. It highlights the challenges faced by latecomers in the industry, such as traditional automobile manufacturers, who are now competing with tech giants like Google. Despite these challenges, traditional manufacturers have strengths in quality, stability, and mass production capabilities, which are crucial for developing and scaling Level 4 autonomous vehicles.

Which companies are expected to lead the self-driving technology market in the near future?

• Public transportation systems

• Mobility service providers

• Private car manufacturers

• Traditional car owners

What is a significant challenge for latecomers in the self-driving industry?

• Limited market demand

• High production costs

• Initial dominance by technology companies

• Lack of interest from consumers

Which company is mentioned as a tech leader in the self-driving industry?

• Nissan

• Waymo from Google

• Ford

• Toyota

What is a core strength of traditional manufacturers in the self-driving market?

• Advanced marketing strategies

• Innovative design

• Mass production capability

• Low-cost production

How do traditional manufacturers compare to tech companies like Tesla in terms of production?

• They have greater experience in mass production

• They focus more on design than production

• They rely on tech companies for production

• They have less experience in mass production