No.134041
The demand for an emission-free transportation option has prompted car OEMs all over the world to
shift their focus to EVs. Many countries in the world are introducing emission and safety
regulations. This is expected to improve road safety and reduce
emissions. L3 and L4 vehicles with electric propulsion. Several OEMs and autonomous driving software
suppliers are actively investing in and developing EV autonomous
vehicle technology. For example, in September 2023, Mobileye (Israel) partnered with Smart Europe GmbH (Germany).
Smart’s next special edition EV will include a Navigation Smart Pilot
(NSP) and enhanced driving assistance features based
on Mobileye SuperVision. The autonomous driving software market in North America is projected to
witness significant growth during the forecast period due to the growing demand for autonomous vehicles in the
region. Some leading companies are also providing L3 Autonomous vehicles
in the region. Mercedes-Benz, for instance, provides S-Class and
EQS SUV L3 vehicles in US and Canada.