TESLA and Toyota Among the Smartest & Most Connected Companies
Visiongain, an analysis firm based in the U.K., released a report this month listing the top 20 connected car companies. Volvo, Ford and Honda, Tesla and Toyota were among the top 10 automotive manufacturers in the connected car market, which Visiongain projects to be worth $35.7 billion in 2016 alone.
Toyota and Tesla also made the MIT Technology Review list of the 50 Smartest Companies in 2016, the only two automotive manufacturers to make the cut. Tesla landed at No. 4 on that list for advancing its autopilot technology in the Model S and Model X, and for generating nearly half a million pre-orders for its Model 3. Toyota, at No. 17, was noted for investing $1 billion in its Toyota Research Institute.
Mobileye is at No. 6 for being “a leader in driver assistance technology” and the fact that 600 of its employees are annotating the images that are used in training a fully autonomous driving system. Google’s Alphabet is at No. 8, and the list cites the autonomous car project’s 1.6 billion miles as a factor in the ranking.
NVIDIA, which supplies powerful graphics processing chips to manufacturers for autonomous driving, is at No. 12. At No. 21, Didi Chuxing is a Chinese rival for Uber that’s raised $7 billion so far in 2016. No. 23 is a spinoff company from A123 Systems, 24M. It’s working to create a more efficient — and cheaper — lithium-ion battery for both the electric grid and electric vehicles.
Others on the list, like Microsoft and Bosch, have a hand in advanced automotive systems.