Auto manufacturer nightmare: shared, driverless vehicles

University of Texas researchers published a report concluding that if we moved to a system of shared driverless vehicles, we would eliminate 9 out of 10 cars. While this is a hypothetical cab-like service based in Austin, Texas, it is not difficult to believe that such of a fleet of on-demand mobility services, ideally integrated within a multimodal system, could eliminate most cars on the road. Don’t forget, the average utilization rate of personally owned vehicles stands at about 4%.

If we eliminate our home expenses (don’t forget, your house is an investment that increases in value over time), the car is  often our greatest expense: very high for such a low utilization rate.

Photo: Alexandra Gl / Shutterstock.com

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