To be clear, no vehicles are available for sale today that are fully autonomous. But level-2 autonomy is offered in vehicles with advanced-driver assistance systems offering features such as automatic emergency braking and lane-keeping assistance. These features deliver improved safety and convenience to drivers. BNEF’s latest data shows that over 40% of global passenger vehicle sales now offer ADAS as at least optional to customers, if not standard. This could exceed 90% as soon as 2030 based on automakers’ targets and government policies.
“Robotaxis continue to dominate headlines, but automakers have already made connected and level-2 autonomous vehicle technologies relatively mainstream — without much fanfare,” my colleague Grant wrote. In fact, as of the first half of this year, BNEF estimates almost 60% of global passenger vehicle sales came with embedded telematics, some of which offer over-the-air software upgrades and infotainment services as well as safety and convenience features. These features are very popular with drivers. During Ford’s second-quarter earnings call, for example, CEO Jim Farley shared that the number of Mustang Mach-E customers who have opted into these available connected services is over 95%.
Recent Comments