Death spiral for cars. By 2030, you probably won’t own one
reneweconomy.com.au ^ | 5/9/2017 | Giles Parkinson
Posted on 5/15/2017, 10:08:35 AM by rktman
By 2030, you probably won’t own a car, but you may get a free trip with your morning coffee. Transport-As-A-Service will use only electric vehicles and will upend two trillion-dollar industries. It’s the death spiral for cars.
A major new report predicts that by 2030, the overwhelming majority of consumers will no longer own a car – instead they will use on-demand electric autonomous vehicles.
By 2030, within 10 years of regulatory approval of autonomous electric vehicles (A-EVs), the report says, 95 per cent of all US passenger miles traveled will be served by on-demand, autonomous, electric vehicles that will be owned by fleets rather than individuals.
(Excerpt) Read more at reneweconomy.com.au …