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AU: 0.5613 SDR = 1 AUD 2017-09-01 RBA 4.00 pm Eastern Australian time

AUD/SDR representative rate as at 4.00 pm Eastern Australian time on 01 Sep 2017. The value of the Special Drawing Right is calculated by the International Monetary Fund on the basis of a weighted basket of four currencies – US dollar, European euro, J…

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Current nuclear threats on par with Cuban missile crisis, former US Energy secretary says

September 1, 2017 crude oil 0

The former energy secretary, who served under the Obama administration, believes the world has become a more dangerous place in 2017 in light of recent geopolitical tensions.

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Who Leads The Autonomous Driving Patent Race? (Spoiler Alert: Not Who You Think)

September 1, 2017 Tyler Durden 0

These days the broad consensus on the future of driving seems to be that the car of tomorrow will be (at least partly) autonomous. Many companies, including traditional car makers, suppliers and leading tech companies are currently working on self-driving technology, all eager to save themselves a piece of what they reckon will be an enormous pie.

Many of these companies are already testing their tech on designated proving grounds for self-driving vehicles, but, as Statista’s Felix Richter notes, for people outside the industry it’s hard to judge who is leading the autonomy race.

One possible indicator for a company’s efforts in the self-driving vehicle segment is the number of patent filings in the field.

Infographic: Who Leads the Autonomous Driving Patent Race? | Statista

You will find more statistics at Statista

The Cologne Institute for Economic Research identified and analyzed 5,839 patents related to autonomous driving to find out which companies are most active on that front.

As the chart above illustrates, Germany’s traditionally strong car industry is keen to maintain its strong position in the future: 6 of the top 10 patent holders are German companies with Bosch, a key supplier of car manufacturers, leading the field.

Google, widely considered to be a leader in autonomous driving research just makes the top 10 with 338 patents filed in its name between 2010 and July 2017.

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