79 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