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Autonomous Vehicles Will Hit 15% of Global Sales by 2030, Study Predicts

Whether you - or we, for that matter - like it or not, autonomous cars are driving themselves towards mainstream. According to The Detroit News, a report by a consulting firm that analyzes automotive trends predicts that 15% of all cars sold in the world will be fully autonomous by 2030.
Volvo Concept 26 Autonomous Vehicle 1 photo
Photo: Volvo
The studies undertaken by McKinsey & Company show that owning a car isn't so important anymore. Furthermore, the advent of shared mobility services such as Uber and Lyft has made young people care less not only about having a car but also about having a driver's license!

Roughly 71 percent of people aged 16-24 held a license in 2013, compared to 76 percent in 2000. On the other hand, over the past five years, there has been an annual increase of over 30 percent in the number of people holding memberships to car sharing services. The report covers changes in trends in North America and Germany. It predicts that 1 out of 3 new cars sold will be shared by 2050.

It's a chain reaction: the more people are interested in the mobility industry, the more car companies are willing to invest in developing new technologies and grabbing a piece of the pie. The more they invest, the more accessible these new technologies become and the more the segment grows. General Motors recently announced that it bought half a billion dollars worth of Lyft shares, entering into a partnership with the aim of developing self-driving cars. Interestingly, GM share price went down 2.4% following the move, a sign that not everybody believes autonomous vehicles are a good bet.

McKinsey's report also points to a massive increase in EV sales by 2030: between 10 and 50 percent of new cars sold will be electric. This is based not only on the rapid growth of the segment but also on increased pressure from governments on automakers to reduce emissions. Hey, they could just mess with the software of existing cars instead of spending billions developing cleaner ones, right? Right?
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