Public Transport Networks will be Disrupted by Autonomous Cars
【Summary】Companies like Uber and Lyft have already caused chaos for traditional taxi companies, but with the rise of driverless vehicles, a new study claims that public transport will be flipped onto its head.
Automakers like Tesla and General Motors have made great strides when it comes to the rollout of autonomous vehicles for the public, but other large companies, like Uber and Lyft are also looking to shake things up in the self-driving segment with autonomous taxis. Uber has been testing its vehicles across the country for a while now, while Lyft has been doing the same with Chrysler Pacifica minivans.
Both car services have disrupted the public transport network, especially traditional taxi services, and now, with the upcoming rise of driverless vehicles, a study claims that self-driving taxis will unsettle every single mode of public transport.
Be On The Look Out For Autonomous Taxis
According to a report by CNBC, a study by UBS claims that "robotaxis" could be out on the road within the next few years and disrupt public transport in the United States. "The shift towards electric and autonomous vehicles, combined with intensifying competition, should reduce the fee charged to passengers by as much as 80 percent compared to today," said the authors of the UBS report.
One of the reasons why Uber and Lyft are so much more popular than traditional taxi services are because of their fares, which are considerably lower than traditional taxis. The services, which allow users to get a driver to ferry them to a location through a smartphone, is easier and safer than getting into a traditional taxicab. Driverless vehicles that are used for transportation services from Uber and Lyft would only make the process safer and more enjoyable for users.
"Within the next few years, the technology will be available to make robotaxis a reality. In this new paradigm, owning a private car will cost almost twice as much as using robotaxis," says UBS' researchers.
More Affordable, Safer: Driverless Taxis Are Better
The study has a point as automakers and researchers are looking for a way to attract younger individuals that live in cities that don't want to own vehicles, but still need to get around on four wheels. And car-sharing is the key to the future, as they believe it hits all of the major points.
UBS researchers, as CNBC claims, believes that regulators in the U.S. could eventually get behind autonomous taxis, stating that self-driving cars could increase access to mobility and save approximately $5,908 per households. Autonomous taxis, as the outlet claims, would also be able to reduce the number of road-related accidents.
Even lower prices, more accessibility, and safer vehicles, it shouldn't come as a surprise to hear that autonomous taxis will disrupt public transport.
Vineeth Joel Patel
Joel Patel has been covering all aspects of the automotive industry for four years as an editor and freelance writer for various websites. When it comes to cars, he enjoys covering the merger between technology and cars. In his spare time, Joel likes to watch baseball, work on his car, and try new foods
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