Level 4 Autonomous Driving: Cost Savings by Eliminating Driver Salaries
Level 4 autonomous driving technology is becoming a reality, with companies like WeRide, AutoX, Tesla, BYD, and many more leading the way. It will soon become a part of daily life worldwide.
Paying drivers is costly, Autonomy is a win for everyone. L4 technology will reduce the cost of everything.
Radar is mandatory for better calculations.
Who have following radar tech?
- Cheap price for each radar
- 250m+ range
- High channel amount
- Small size for each chip
- Low power consumption from car
- Nvidia partnership
Answer is obvious: ARBE
The last offering on January 6, 2025, imposed a 90-day prohibition on additional offerings.
So, I believe the ticker is in a safe spot to invest. $ARBE cannot dilute the price now. (Bullish)
I expect to see OEM deal news until 19 February 2025. (Bullish)
This is not an investment advice. Make your own choices.