Mercedes Ups Driverless Ambitions To Challenge Tesla Motors Inc and GM

Mercedes Ups Driverless Ambitions To Challenge Tesla Motors Inc and GM Mercedes Benz (OTCMKTS:DDAIF) has recently acquired ‘Here Maps’, a mapping technology, in its thrust to join Alphabet Inc. (NASDAQ:GOOGL) and Uber in autonomous car markets. Mercedes is competing with Google in ‘predictive artificial intelligence’ technology. With this feature, cars will be able to recognize a driver’s destination and offer assistance in reaching it. The Head of Research & Development at Mercedez Benz, Arwed Niestroj said, “We believe in the 21st century, cars have to be very different. We have to think about them in new terms. It will become a mobile living space.” As Mercedes Benz looks to add self-driving features in vehicles, parent company Daimler already has car-sharing service ‘car2go’ in 31 cities around the world. It is…


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