— Microsoft Corp. is on track to become the first publicly traded company to offer a fully self-driving vehicle, the CEO of the company’s new self-powered vehicle company said Wednesday.
The news comes as the National Highway Traffic Safety Administration (NHTSA) and other automakers have been preparing for autonomous vehicles for years, as a means of reducing accidents and congestion, and more generally for people to travel in a safer environment.
However, the self-drive vehicles that will eventually be rolled out by Microsoft will not have driverless technology.
Rather, they will rely on computers and sensors to guide the vehicle.
Weighbridges CEO and co-founder Alex Weintraub said in a statement that the company was developing its self-driven vehicles based on the data and expertise it had gained during the development of its new vehicle.
“We know how to develop highly secure, secure, and resilient software,” he said.
“With the right guidance, we are on track for achieving the same level of autonomy we have seen with our previous vehicle models.”
The announcement came at a company-wide event in Washington, D.C., where Weintracs latest product is being showcased.
Weintrans company has been developing and testing its vehicles since 2014.
He said the vehicle will be a fully autonomous vehicle capable of traveling at 60 miles per hour in the city limits of Washington, and 50 miles per year in the suburbs of Annapolis, Md., and Alexandria, Va.
Weintran said the company has received more than 2,000 requests for proposals for its self, but that it is now in the final stages of selecting a driver and an engineer to develop the software.
He added that the vehicle is being designed to be fully autonomous.
We added that Weintrand is “a true believer in self-sustainability” and that “our goal is to make this vehicle as safe and as reliable as possible for the people of the United States.”
He also said that he expects to deliver the vehicle to customers this summer.
Weinstran said his company is currently developing and test the vehicle in its facilities at Weintrantown, N.J., which is about 40 miles north of New Jersey.