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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Shawn Moynihan
Shawn Moynihan is Editor-in-Chief of National Underwriter Property & Casualty. A St. John’s University alum, Moynihan has earned 11 Jesse H. Neal Awards, the Pulitzers of the business press; seven Azbee Awards, from the American Society of Business Press Editors; two Folio Awards; and a SABEW award, from the Society of American Business Editors & Writers. Prior to joining ALM, he served as Managing Editor/Online Editor of journalism institution Editor & Publisher, the trade bible of the newspaper industry. Moynihan also has held editorial positions with AOL, Metro New York, and Newhouse Newspapers. He can be reached at [email protected].
