Autonomous vehicles to create $7tn passenger economy

Posted on 19 Jun 2017 by Jonny Williamson

A study by global technology giant, Intel, has revealed that the growth trend surrounding autonomous driving will create a passenger economy worth some US$7tn by 2050.

A primary challenge for automakers, therefore, is having to compete with a rising tide of disruptive service providers from across a range of consumer industries – image courtesy of Intel. The passenger economy will expand exponentially as active drivers become idle passengers, per Intel research – with the market excepted to…

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