Uber May Fade, But Will Transform Ground Transport

Uber’s ambitions, and the expectations underpinning its valuation, extend much further: using self-driving vehicles, it wants to make ride-hailing so cheap and convenient that people forgo car ownership altogether.

Not satisfied with shaking up the $100-billion-a-year taxi business, it has its eye on the far bigger market for personal transport, worth as much as $10 trillion a year globally.

Economist article here

Keywords

autonomous vehicles   driverless cars   industry trends   OEMs   research and trends   self-driving vehicles   TNCs   Uber   

 

Follow @lctmag on Twitter

via Limo News http://ift.tt/2bIwXL4