3 Automakers Poised to Benefit From Self-Driving Cars (and They're Not Who You Might Think)

3 Automakers Poised to Benefit From Self-Driving Cars (and They're Not Who You Might Think)

For investors looking to profit from the nascent field of self-driving cars, the amount of information available is mind-boggling. Market-intelligence company CB Insights has identified a whopping 44 corporations working on autonomous vehicles, a list that includes automakers, tier-1 parts suppliers, ride-hailing services, and big tech companies -- and that doesn't even include start-ups. With that many players developing cars that drive autonomously, how should investors proceed?

Navigant Research has released "Leaderboard Report: Automated Driving," which takes a somewhat novel approach to the subject, assessing a wide range of criteria and has assembled a list of traditional automakers that you might not consider at the forefront of autonomous driving. Since this provides a fresh perspective, three companies best poised to benefit from this growing trend are Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM), and the strategic alliance between Renault (NASDAQOTH: RNSDF) and Nissan Motor Corporation (NASDAQOTH: NSANY).

These three automakers are leaders in the path to autonomous driving. Image source: Navigant Research.

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Source: Fool.com