November 5, 2019

In the next 15 years, drivers in big cities may trade cars for car-sharing services and electric shuttles and cut car ownership by 70%.

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Read story at ZDnet

Cars are inefficient: They are parked 95% of the time.

Cars generate a lot of air pollution: An average passenger car emits about 4.6 metric tons of carbon dioxide each year.

Cars are expensive: An owner spends about $9,576 per year on gas, maintenance, insurance, and loans.

Autonomous vehicles (AVs) could change all of these dynamics, if they are shared and electric.

Instead of owning a car, people could buy a mobility pass that covers everything from bus rides to scooters to a seat in a shared autonomous vehicle. Researchers estimate that autonomous vehicles could replace about 70% of the passenger cars in cities today by 2035.