Autonomous Vehicle Reality Check: Widespread Adoption Remains at Least a Decade Away, according to S&P Global Mobility
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Monday, September 25, 2023
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SOUTHFIELD, Mich., Sept. 25, 2023 /PRNewswire/ -- A world of self-driving vehicles and mobility-on-demand is likely to exist eventually, but for the next decade, widespread implementation of autonomous technology will not be realized, according to a new forecast from S&P Global Mobility. The report reflects findings from robust model-level forecasting that autonomous vehicle expectations have not been fulfilled and still face more headwinds – affording significant opportunity and scale to automated driving implementations in the interim.
Key Points:
- Now, S&P Global Mobility presents a more realistic outlook amid this moderated pace of progress while also publishing new data on the intersection of autonomy and mobility-as-a-service (MaaS).
- "Their functionality also complements driving today rather than fully replacing the driver, making consumer adoption less of a challenge.
- But S&P Global Mobility forecasters do not expect that to become widespread and broadly accessible within the next decade.
- Automakers, suppliers, technology companies and mobility providers alike, however, remain committed to a future of safe and equitable autonomous mobility, even if it takes more time to get there.