Showing posts with label Monopoly. Show all posts
Showing posts with label Monopoly. Show all posts

Wednesday, 15 January 2014

World's first driverless cars

Happy Learning!!

The world's first driverless car has been made by a French company. The first commercially available driverless car has been made available and it is called -the Navia. The car has been launched at the international CES show in Las Vegas during January 2014 . It can carry upto eight passengers. It is an electrical vehicle and costs around $2,50,000/-. The vehicle does not go beyond 12.5 miles per hour. The vehicle uses lasers on board to detect obstacles in its path. The company at present enjoys a monopolistic situation, and will continue to do so until production catches up with other major giant producers as well.