Arteris President & CEO K. Charles Janac, authored this EE Times article.

April 26th, 2023 – by K. Charles Janac

Consider that there were more than 38,824 automotive fatalities and 115,000 injury accidents in 2020 in the United States alone, according to the U.S. Department of Transportation. Additionally, Bankrate estimates that the economic cost is $474 billion, which includes wage loss, medical and administrative expenses, motor vehicle damage and uninsured costs. The opportunity to prevent 20% to 50% of these tragedies by developing automated driving technology to reduce the loss of valuable lives and the associated economic impact is a necessary goal.

To read the full article on EE Times, click here.