According to UBS, investors considering autonomous driving technology scenarios should focus on “eyes-off” technology and “software-defined vehicles (SDV).”
Autonomous driving technology or “eyes off” capabilities in certain operational design domains (ODDs) appear to grow rapidly, according to a Swiss bank, although the likelihood of cars becoming robotaxis is “significantly reduced.” increase.
Meanwhile, new SDV models have been proposed by companies such as Sony Honda Mobility (SHM) and BMW, adding that the importance and necessity of changing business models continues to grow.
“Sensors are evolving rapidly. With the introduction and expansion of eyes-off autonomous driving technology, as well as the deployment of next-generation sensing hardware such as high-end radar, LiDAR (light detection and ranging) scanners and thermal cameras, to give momentum to
In the field of LiDAR, the focus is on mass production of first-generation products from 2023 to 2026, but at the technology level, discussions are shifting to technology generations after 2026.
In the radar space, UBS believes capabilities are likely to advance rapidly towards 3G/imaging radar, while thermal imaging cameras are increasingly likely to be embedded in ADAS/autonomous driving sensors.
“Sony Honda Mobility (SMH) announced high-spec hardware, including 45 sensors and a partnership with Epic Games.
“Based on infotainment and passenger sensing, it seems to target high value-added services that do not yet exist in the market.”
UBS believes that the revenue model seen in smartphones, where revenue exceeds the value of automotive hardware by several times, is still somewhat out of the way and all companies in this space have the opportunity/risk to fall into either the strong or weak group. He adds that he is facing
Groups highlighted by UBS include Aeva, Opsys Technologies, Clevon, Aeye and Sony Honda Mobility.