How autonomous driving will kill off the private car

Connected and fully autonomous cars are no longer fiction, and are set to be game-changers for the automobile industry as well as the global economy. Investors are taking note.

Ever thought of permanently sharing a car with your neighbours In the future, it may well be how we all live.

By 2045, everyone will be using ride-sharing services and no vehicles will be owned personally. In fact, owning a car could be illegal by then.

That was the bold prediction of Scott McCormick, president of the Connected Trade Vehicle Association, an industry think-tank backed by some of the world’s leading automobile and parts makers such as Ford, General Electric and Daimler.

McCormick’s prediction was made on the back of rapid developments in connected cars and autonomous driving technologies. This will...

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