3M's autonomous vehicle ambitions
The company best known for making Post-It notes and Scotch Tape sees its next big opportunity in driverless cars. 3M CEO Inge Thulin told Axios in a recent interview that "automotive electrification" is a $6 billion market that will be a "big, big deal for us."
Why it matters: The chip and sensor makers that allow driverless cars to "see" often get most of the attention. But 3M is trying to leverage its history of making license plates, pavement marking, and traffic signs to be a major player in the autonomous vehicle market.