Ark Invest Research predicts fully autonomous vehicles could become commercially available before 2020, enabling the rise and rapid growth of autonomous taxi networks as soon as 2019.
These networks should decrease the cost and inconvenience of point-to-point mobility dramatically. As a result, the traditional automotive industry may be subsumed by mobility-as-a-service (MaaS) platforms that could become one of the most valuable investment opportunities in public equity markets.
Here are seven takeaways from Ark on the rise of self-driving cars. Download the full report from Ark Invest Research.
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