Showing posts with label Intelligent cars. Show all posts
Showing posts with label Intelligent cars. Show all posts

Wednesday, 2 July 2014

Intelligent cars draw investors to tech stocks

Technology and telecoms firms could be the big winners in a connected car market that may be worth $50 billion over the next decade, luring investors away from traditional automakers.
Chip-makers or tech giants such as Infineon and Google are among a variety of companies involved in the rapid development and testing of intelligent cars from those that drive themselves to those allowing a driver to use mobile phone apps through the dashboard.
A number of carmakers are embracing the trend, with Nissan Motor Co, Volkswagen AG's Audi and Toyota Motor Corp working with outside tech firms to