The big picture: Argo AI started as a small Pittsburgh-based startup founded by former Uber engineers, but in the past few years, it's become one of the most important innovators in the world of self-driving cars. Its ambitions are to make robotics a reality through Level 4 automation by 2025 and to become a publicly traded company by 2023.
Argo AI - a self-contained vehicle powered by Volkswagen and Ford - is gearing up for the IAA Mobility 2021 event in Munich, where it shares more insights into the future of the business. Robotaxi Services.
One of the things Argo AI shows is its all-electric identifier. Buzz AD, where "AD" stands for automatic driving. This vehicle is a test vehicle of the concept van and will be the first vehicle manufactured by the Volkswagen Group to have Level 4 driving technology. This means that it should be able to drive autonomously most of the time, but with geographic technology, it is limited to a specific area.
The two companies have big plans for the future, and hope to deploy the first commercial taxi-robot service in Hamburg by 2025. The pool system is operated by MOIA, a subsidiary of the VW Group, which specializes in helping cities and transport companies General in reducing traffic within the city. density. A major engineering challenge is keeping the new car's powerful computing hardware cool in action, and the two companies are still working on the best location for all sensors to maximize visibility. It's going to be hard to compete with Alphabet's Waymo, but Argo is one of the best independent drives with the best funding. They've helped, and CEO Brian Salsky says we can expect an IPO next year. Meanwhile, Argo and Ford are preparing to launch at least 1,000 self-propelled vehicles on the Lyft passenger network in several US cities in the coming years, including Miami and Austin.
Argo AI and Volkswagen showed their cars