Japan-based Mitsubishi has recently announced integrating value-added technology to its new line of vehicles next year, which would prove useful in military systems.
Starting April 2017, the automaker has set its sights to begin production of new parts in line with automatic brake and lane-keeping systems, as well as parking, according to Katsumi Adachi as per Autoweek, the company's senior chief engineer of its automotive equipment unit.
Aside from the lane-keeping, automatic brake, and automated parking, sensing technology which would act similar to a state-of-the-art GPS data tracker, would also be an added feature for the new line, noted Adachi.
The said self-driving cars, which were originally intended to minimize unwarranted collisions and spot blocks, are anticipated for marketing by 2020, continued Adachi.
Big-named auto supply companies such as Denso Corp., Hitachi Automotive Systems Ltd., and Continental have been in the works to streamlining the competitive market for assistance technologies as regular offerings for latest auto models. With these in mind, Mitsubishi clearly doesn't want to fall behind.
Meanwhile, the company expressed challenges in the costs area, should it continue to develop technologies for other related industries, said Goro Tanamachi, an IHS Tokyo-based analyst.
Tanamachi said that such cost-cutting requests are notably "severe" in automobiles than space engineering.
"I wonder if it's possible for them to bring down the cost of the systems to the levels manufacturers can use for cheap, low-end cars," added Tanamachi.
MSN also reported on Mitsubishi's newest take on bringing out the electric eX idea at the 2015 auto show held in Tokyo. The company wanted to drive up its goals for automated vehicles, via 3 satellite networks which would be moving above Japan three years from now.
In light of these innovative driver-helper technologies, the demand is currently on the rise and not showing any signs of slowing down. By 2021, the market for these features for future vehicles is predicted to double in annual revenues, according to IHS Automotive, one of the leading markets for driver assistance needs.