Autos

Robotaxis will come in 2022

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Public streets could get a fresh look via the world of autonomous vehicles in roughly the next two years.

Self-driving technology supplier Mobileye CEO Amnon Shashua told CNBC Friday that the first phase of autonomous driving will come in the form of cab services.

“Robotaxi is not that far away,” he said in a “Mad Money” interview. “We are targeting early 2022.”

The roll-out of self-driving cars must be marketed to fleet operators before it will be available to the general public, Shashua explained to show host Jim Cramer. Think Uber, Lyft and other ride-hailing companies.

The company is projecting that the consumer market could come as soon as 2025. That market will be the last stage due to…



Source cnbc.com

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