Li, who bought a 9.7% stake in Daimler to add to his ownership of Volvo Car Group, said traditional carmakers need to “wake up” to make the switch to a business model based more on sharing technology to generate acceptable returns in future.
The issue of driver attentiveness “is really a critical area,” said Bryan Reimer of MIT. “We are clearly picking up technology in the car, portable phones, et cetera, at rates that are far and above what should be socially acceptable.”
"Some competitors, not by name because there are several, they’re trying to race to be the first one to show autonomous driving. I’m not so sure what being first gets you,” said Jack Hollis, group vice president of U.S. sales for the Toyota.