Thanks to rhetoric beaten into us by the automotive industry, we know autonomous vehicles are “right around the corner.” Some manufacturers predict self-driving vehicles will be on the commercial market by an ambitiously early target date of 2021. However, those trick new rides are going to come at a premium that’ll keep them out of the hands of most normal people for a while.

LIDAR, the imaging system that allows an autonomous vehicle’s software to make sense of the road, is prohibitively expensive. High-end systems can approach the six-figure threshold while lower quality units rarely fall below 10 grand. Burgeoning technology is never affordable and automakers have traditionally found a way to produce advancements in cost-

effective ways. But the timeline for autonomous cars is too short, meaning any manufacturer wanting to sell one is going to have to have to accept the costs or defer production.  (Read More…)