Showing posts with label global market for autonomous driving hardware components. Show all posts
Showing posts with label global market for autonomous driving hardware components. Show all posts

Tuesday, March 28, 2017

Who Has the Keys to Self-Driving Cars?; Inside Counsel, March 28, 2017

Amanda Ciccatelli, Inside Counsel; 

Who Has the Keys to Self-Driving Cars?


"The question of who controls the future of self-driving cars may be answered in a lawsuit happening right now in a California courtroom. In the lawsuit filed in February, Waymo (Google’s self-driving car unit) accuses Uber of patent infringement and trade secret misappropriation because Uber bought a $700 million start-up company formed by a former Waymo engineer who Waymo says stole its technology with Uber’s knowledge. 

“This case is one of the first major battles over driverless car technology, and it promises to be a real food fight,” said Ryan Koppelman, a partner in Alston & Bird’s IP Litigation Practice and co-leader of the firm’s Connected & Autonomous Vehicle Group. “Both companies are angling to capture a large share in the burgeoning world of self-driving vehicles. The global market for autonomous driving hardware components alone is expected to grow from $400 million in 2015 to $40 billion in 2030. The stakes couldn’t be higher.”