‘…the city would need only 10% of the existing cars to meet its
transportation needs’
The transition to fully driverless cars is still several
years away, but vehicle automation has already started to change the way
we are thinking about transportation, and it is set to disrupt business models
throughout the automotive industry.
Driverless cars are also likely to create new business
opportunities and have a broad reach, touching companies and industries beyond
the automotive industry and giving rise to a wide range of products and
services.
New business models
We currently have Uber developing a driverless vehicle, and
Google advancing its driverless car and investigating a ridesharing model.
Meanwhile, Apple is reportedly gearing up to challenge Telsa
in electric cars and Silicon Valley is extending its reach into the auto
industry.
These developments signal the creation of an entirely new
shared economy businesses that will tap into a new market that could see smart
mobility seamlessly integrated in our lives.
Read the piece in The
Conversation - “Driverless cars will change the way we think of car ownership.”
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