Shared February 4, 2019
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You've been hearing a lot about autonomous, self-driving cars lately. Here I take a look at where we are, when we'll get there, and how it will change the world.
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Our transportation system is due for a massive disruption and it's coming in the form of self-driving cars.
Autonomous cars have been in the works for a while now, with semi-autonomous options like collision avoidance, traffic-aware cruise control, and lane keeping becoming more and more common in even mid and low-price cars.
But thanks to companies like MobileEye, Cruise Automation, and Tesla, we are on the cusp of full Level 4 autonomy in the next few years. In fact, Ford, GM, Honda, Toyota, Nissan, and more carmakers are planning to release fully autonomous cars in the years 2021 to 2025.
Ride-hailing services like Uber and Lyft stand the most to gain by this transition, which, according to technologist Tony Seba, will see the end of individual ownership of cars and become a Transportation as a Service model, where almost all travel is carried out through autonomous, shared vehicles.
And when these companies begin buying up fleets of self-driving cars, the cars they will lean on will be electric vehicles, due to the cheaper cost of electricity and the lower maintenance costs, as shown by the company Tesloop and their Tesla Model X that recently hit 350,000 miles.
Combine that with the lower cost of solar PV panels and Lithium-ion batteries, and we are setting the stage for a disruption of our transportation system like we've never seen before.
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