Here's a Realistic Timetable for Self-Driving Cars
There's an understandable excitement surrounding driverless cars. The autonomous vehicle market is forecast to become a $77 billion opportunity by 2035, creating new revenue streams for tech companies and automakers alike. And, most importantly, the technology will radically reduce the number of auto accidents in the future. Those accidents kill up to 33,000 people every year in the U.S. alone; the wide adoption of driverless vehicles would prevent most of those deaths.
Forecasting how big the driverless car market will be is one thing, but predicting how long it will take for the technology to go mainstream a bit harder. To help investors get a better idea of what to expect, here's a general schedule of when various automakers expect to launch their driverless cars, and when we should expect to see them everywhere. (Spoiler alert: It'll be a while.)
Image source: Getty Images.
Source: Fool.com
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