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Global auto Tier-1 firms already have 50,000-55,000 software engineers working in India, OEMs have another 25,000
Baidu has also secured a permit to run driverless cars on open roads in Beijing but here, the permit still requires a human operator in the front passenger seat.
Retail giant Walmart is planning to start deliveries with driverless truck in the US state Arkansas starting next year
"I'm confident that we will have the basic functionality of L5 autonomous driving this year," Musk said. "There are no fundamental challenges."
Automakers must currently meet nearly 75 auto safety standards, many of which were written decades ago with the assumption that a licensed driver would be in control of the vehicle.
Phantom Auto was founded in 2017 to help bridge the gap between the vision and the reality of autonomous vehicles
A breakthrough by Yara could have far-reaching implications for maritime industry, which has historically consumed the dirtiest fuels available from refineries
The UK govt is aiming to build an industry to serve a worldwide market which it forecasts could be worth around £900 billion by 2025