UK-led project will slash self-driving tech costs by 40%

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UK-led project will slash self-driving tech costs by 40%
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Certus aims to cut production times and increase safety of next-generation autonomous systems

A new project, led by UK-based Horiba MIRA, will reduce the testing cost of autonomous vehicle tech by 40%, allowing the industry to push towards cheaper self-driving vehicles as it stumbles over high development fees. Called Certus, the project will also aim to “significantly reduce the most risky, timely and costly part of the automotive design process” as well as increase the safety of these next-generation systems.

A report by management consulting firm McKinsey & Company found a third of development costs – up to £329 million – is spent on this alone to bring a level-four car. For more complex vehicles, such as a level-four robotaxi, equivalent testing could cost £1.3 billion and account for 50% of the overall development costs. The part-publicly funded project aims to break this link between the growth in complexity of these systems and the speed and cost of verification.

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