The UK could have a 95% reduction in car ownership if it adopts autonomous cars on a mass scale, according to a new report published by industry specialist Vendigital.
Its findings also predict that an expansive network of self-driving vehicles could see drivers’ annual expenditure decrease by 90% and total journey times halve. An increase in driverless public transport would also make schedules more predictable and accurate, providing users with, on average, two extra hours of free time a day.
Mark Waterman, head of industrial products at Vendigital and author of the report, cites the dominance of autonomous technology as “the biggest cultural change for several generations”.
"Driverless vehicles have the potential to dramatically change our lives for the better in a number of surprising ways," said Waterman
“The net benefits to society, the economy and the environment appear to be overwhelmingly positive and logic suggests that some version of the vision described will happen.”