CaliSting
Stinger Enthusiast
Read it and weep. I don’t see that reaching 5 is something that starts the revolution in market. level 3 and 4 are all ready making impacts or soon to arrive. And all these major companies disagree with you. As I have indicated I don’t see level 5 for another 5 to 8 years but revolution starts at 4 and those are running around everywhere in Bay Area . Don’t think people would be paying for laser mapping on all streets if they didn’t think technology was a decade off.The classes on the road now don't exceed level 3. I am unaware of any SAE Level 5 (fully autonomous) cars that will be on the road within the next decade. Lots of people say they will have the technology, but that is likely for raising capital and generating interest. Personally, I am not holding my breath for a Level 5 car anytime soon.
As for electric cars, no one is saying that a compelling electric can't be made. With the right money and time, I am sure that you could make a compelling car that ran on human hair and nail trimmings. I merely contend that electric cars are a "solution" in need of a problem. Currently (no pun intended) the energy density or charging rates in batteries doesn't justify the change. That is an area that is rapidly changing but only as long as the "free money" keeps pouring in. The legislative push, fueled by financial incentives for consumers and manufacturers, for renewables and non-carbon fuels is what is driving the current trend of electrification, not consumer demand. As car makers see no end to this legislation then they have to find ways to make people buy electric cars or go out of business.
https://emerj.com/ai-adoption-timelines/self-driving-car-timeline-themselves-top-11-automakers/
If what you say is true used electric market would crash. However that isn’t the case as Electrics hold even more value than gas powered competition. I also know a lot of Tesla buyers not many did it to save money. They just loved the car and the technology. Same reason tens of thousands are putting down payments on new Porsche EV.
Tesla Model S and X Vehicles Boast Superior Resale Value -- The Motley Fool
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