FlowBank

1157 days ago • Posted by Martin Boujol

Autonomous ride-hailing will most likely be cheap

The cost per mile of a personally owned vehicle went down drastically from $1.70 t0 $0.70 when horses were not needed anymore. The price stay the same for decades, but we are facing another drop. Autonomous taxi, on a scale, could cost customers only $0.25 per mile, most likely encouraging a wide adoption. 

Source: Ark Invest Research

#Technology
Autonomous ride-hailing will most likely be cheap
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