Could your next car be the last one you ever buy?

The most compelling reason for the mass adoption of driverless cars is economics, be it personal, business or Government. It’s that simple.

Unlike many other technology must-haves, the benefits are tangible and don’t solely rely on the elusive “productivity benefits”, although these are part of the overall benefits case.
Let’s look just at personal economics.

A recent WEF study “How will ‘robo-taxis’ change the transport industry?  estimated that in New York City, the cost of 1 passenger mile in a ‘robo-taxi’ would be 35% less than by conventional taxi. The cost comparison supports the case for replacing conventional taxi fleets with ‘robo-taxis’.

WEF RoboTaxi
The economics of driverless vehicles could propel faster mass adoption, reducing vehicles ownership, the total number of cars on city roads, easing traffic congestion and greenhouse gas emissions.

So, why would you own you own a car, if there was a safer, more efficient, less costly option immediately available?

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This entry was posted in autonomous vehicles, driverless, Infrastructure, Innovation, Mobile, Networks, Smart Cities, Transport, value chain and tagged , , . Bookmark the permalink.

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