Speaking of self-driving vehicles, the taxi industry is the first thing that comes to mind.
Uber, the startup which disrupted the taxi industry is all ready to make it big in this transition. Currently, Uber drivers take home almost 75% of the fare you pay. Uber has invested heavily in the autonomous vehicle research. Their CEO, Travis Kalanick has announced that consumers can expect a self-driving Uber fleet by 2030.
Uber is one of the companies leading the self-driving vehicle research. According to a study conducted by Columbia University, with a fleet of mere 9000 autonomous vehicles, Uber can replace every cab in New York City. These self-driving “on-demand mobility services” would require you to wait for an average of 36 seconds and fares amounting to 50 cents a mile. As the currently highest valued a startup, replacing every cab in the United States is well within the realm of possibilities of Uber. With such low-cost and convenient rides, that take away the hassle of parking and speed tickets, Uber would become the dominant form of public transport on the roads.
A Future with No Private Cars.
The ramifications extend well beyond taxi services. If you dive deeper into the calculations, with that cheap rate per mile, calling an Uber will be much cheaper than car ownership in the future. Car ownership will possibly become outdated and extinct. There have been many studies in this particular area by research firms as well as individuals. One by Deutsche Marketing team concludes that with the present rates, ridesharing is cheaper in some metropolitan areas and will be equal to and even lower than the cost of ownership when driverless cars are introduced. Another report by Uber itself pointed that the annual cost of car ownership is equivalent to 882 Uber X rides.
That exceeds more than 2 trips a day- sufficient to cover your office rides and weekend trips.
What you think about it. Do Autonomous vehicles will replace with Taxis and Cabs ??
Answer your response in the comment section.
I'll be available soon with my next blog on Autonomous Vehicle,
Thank you.
Answer your response in the comment section.
I'll be available soon with my next blog on Autonomous Vehicle,
Thank you.
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