generic 600

Autonomous vehicles to take 26% market-share by 2040

Southfield, Michigan –  More than 33 million autonomous vehicles (AVs) – representing around 26% of the market – will be sold globally in 2040, up from the 51,000 units in 2021, IHS Markit has forecast.

In a new analysis, IHS Markit, linked the rate of growth in demand to a “rapid convergence of autonomous driving and mobility services such as ride-hailing.”

The US will lead the world in the early adoption of production AVs, with Europe and China expected to begin adding considerable volume from 2021 onward,…

To read more,please login or register below.

Register
This is the first step to more free
content, user offers, subscriptions
and more.
Login
Log in here using the Email Address
and Password you signed up with