Autonomous vehicles or AVs are the talk of the industry in the last few years. Ads and commercials online and on television are showing car manufacturers beginning to roll out models of these self-driving cars. But can they really be the next big thing?
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| Image source: realtor.com |
There’s no denying that these cars will make the roads safer, especially because of problem with the so-called human error factor. In fact, a study done by the U.S. National Highway Traffic Safety Administration (NHTSA) showed that drivers cause 94 percent of road accidents. These self-driving cars will never be distracted by phones or a bad day.
This leads to saving more money in the long run. The initial release of AVs will surely be costlier, but because they significantly lower the risk of accidents, owners will eventually save on expenses induced by such. Plus, wear-and-tear due to small mistakes like dents and scratches when parking will be reduced. The value of these cars will, therefore, depreciate more slowly.
Finally, these cars are more environment-friendly. At a time when sustainability and caring for nature are already important considerations in everyday lives, the improved efficiency of these self-driving cars is most welcome. If this technology eventually revives interest in and preference for electric vehicles, the impact of transportation-caused dangers to the environment will be drastically reduced.
In a nutshell, self-driving cars are definitely viable, and may possibly be the next best thing to appear on the roads as the 2020s near.
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| Image source: fortune.com |
Jeffrey W. Lupient is the current president and CEO of the Lupient Automotive Group. A native of Minnesota, Jeffrey started his career in the automotive retail industry when he began working multiple jobs in his family’s chain of dealerships at the age of 15. For related reads, visit this blog.
