Advertisement
Singapore markets close in 3 hours 12 minutes
  • Straits Times Index

    3,279.52
    -13.61 (-0.41%)
     
  • Nikkei

    37,633.28
    -826.80 (-2.15%)
     
  • Hang Seng

    17,271.03
    +69.76 (+0.41%)
     
  • FTSE 100

    8,040.38
    -4.43 (-0.06%)
     
  • Bitcoin USD

    64,292.01
    -2,445.09 (-3.66%)
     
  • CMC Crypto 200

    1,386.86
    -37.24 (-2.62%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • Dow

    38,460.92
    -42.77 (-0.11%)
     
  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     
  • Gold

    2,329.80
    -8.60 (-0.37%)
     
  • Crude Oil

    82.97
    +0.16 (+0.19%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • FTSE Bursa Malaysia

    1,570.29
    -1.19 (-0.08%)
     
  • Jakarta Composite Index

    7,157.23
    -17.30 (-0.24%)
     
  • PSE Index

    6,582.74
    +9.99 (+0.15%)
     

Singapore trials driverless taxis in world first

Data from an experiment with driverless taxis in Singapore will feed into the roll-out of the vehicles across the city-state in 2018, said US-based tech start-up nuTonomy

The world's first driverless taxis went into operation on Thursday in Singapore in a limited public trial, beating giants like Uber in the race to roll out the revolutionary technology. The "robo-taxi service" is being tested at a small research campus well away from the thrum of the Asian business hub. Data from the experiment will feed into the roll-out of driverless taxis across the city-state in 2018, said nuTonomy, a US-based tech start-up that developed the software used in the vehicles. "The trial represents an extraordinary opportunity to collect feedback from riders in a real-world setting," said nuTonomy chief executive and co-founder Karl Iagnemma. "This feedback will give nuTonomy a unique advantage as we work toward deployment of a self-driving vehicle fleet in 2018," he said. The six taxis -- Renault Zoe and Mitsubishi i-MiEV electric vehicles -- will operate in a 2.5 square mile (4.0 square kilometre) area, with set pick-up and drop-off points. Trips have to be booked through the company's smartphone app. Although the high-tech cars will drive themselves, each journey will be accompanied by a nuTonomy engineer, who will observe how the machine performs, and be ready to take over in the event of a problem, the company said. Ride-sharing giant Uber said last week that it would be launching driverless cars in the US city of Pittsburgh by the end of August. It has also established a $300 million venture with Chinese-owned, Swedish-based Volvo to develop self-driving cars for sale by 2021. Separately, Google parent Alphabet announced in May that it is partnering Fiat Chrysler in expanding its fleet of self-driving vehicles, which it hopes will hit the road by end-2016.