Driverless cars in 2030 or occupy a monopoly position

Abstract Cars with autonomous driving technology may become a reality in the near future. ZackKanter, CEO of the Forforged website focusing on the automotive industry, recently wrote that self-driving cars will be quite common by 2025, and will even account for 2030...
A car with autonomous driving technology may become a reality in the near future.

Zack Kanter, CEO of the Forforged website, which focuses on the automotive industry, recently wrote that self-driving cars will be quite common by 2025 and will even occupy a monopoly by 2030.

Tesla CEO Elon Musk said last year that a fully self-driving car might enter the market within a decade, and its 2015 Tesla car will be able to autopilot 90% of the time.

Uber is also looking forward to this technology. CEO Travis Kalanick said that Uber plans to eventually replace the current driver with autonomous driving.

Elon Musk depicts the autopilot technology five or six years later: "You get in the car, take a nap, wake up and go to your destination." Google [Weibo] expects such cars to appear before 2020.

The potential of autonomous driving technology is not only as simple as liberating drivers. A 2013 study by Columbia University found that 9,000 cars with autonomous driving technology could replace the role of a New York City taxi.

After the emergence of autopilot technology, road congestion will be reduced, and the efficiency of the car will be greatly improved. The traffic congestion in the city of Manhattan in New York City is caused by the car looking for a parking space on the street.

After the utilization rate increases, the need for people to purchase cars will also be weakened. PricewaterhouseCoopers estimates that 99% of vehicles on the road will disappear after using autonomous driving technology, and the number of cars in the United States will be significantly reduced from the current 245 million to just 2.4 million. According to Morgan Stanley, a car in the United States is currently only 4% of the time in real use.

Zack Kanter boldly predicts that the auto-driving technology will ultimately reduce car ownership, the $18 billion auto insurance market, the $98 billion auto financing market, the $100 billion parking market and the $300 billion aftermarket. It will disappear, and traditional automakers such as GM, Ford and Toyota are likely to be eliminated by this rapid technological innovation. "Most of them will go bankrupt before 2030."

Traditional car companies are not reconciled. Bloomberg reported that GM plans to include technology that allows cars to "control driving, speeding up and braking" in its brand Cadillac sedan in 2017.

Drivers seem to be very willing to accept this new thing. Sixty percent of American adults have expressed a willingness to take autonomously driven cars, a ratio that is as high as 70% in China.

After the decline in car ownership, a large number of people in the automobile industry chain may be unemployed. According to the US Bureau of Labor Statistics, 915,000 people in the United States are engaged in the manufacture of automobiles and parts. The total number of drivers driving various types of cars, trucks and taxis is nearly 6 million.

But Zack Kanter believes that new industries will emerge. For example, if the tens of millions of cars in the future are recycled, the supply of raw materials from the car will be very impressive. In addition, due to the reduction in the number of cars, the land resources of a large number of parking lots and bus stations in the city can be released, creating new room for growth.

Discount Products

Sliding Fire Doors,Fire Rated Wood Doors,Fire Rated Steel Door,Fire Roller Shutter

Foshan QI'AN Fireproof Shutter Doors Co., Ltd , https://www.fsqianfiredoor.com