“Furthermore, the disruption will start in cities with high population density and high real estate prices – think Sydney and Melbourne then Perth, Brisbane and Adelaide – and quickly radiate out to the suburbs, the smaller cities, and then rural areas.” “And this is going to happen despite governments, not because of governments. So yes, this applies to Australia,” Seba tells RenewEconomy. The report, by RethinkX, an independent think tank that focuses on technology-driven disruption and its implications across society, says this stunning and radical will be driven entirely by economics, and will overcome the current desire for individual car ownership, starting first in the big cities and then spreading to the suburbs and regional areas. Or getting a free ride because the local government has decided to make transport easier. Imagine, for instance, paying a token sum for a ride into town after buying a latte for $4.50. The provision of this service may come virtually free as part of another offering, or a corporate sponsorship. It’s the death spiral for cars.Ī major new report predicts that by 2030, the overwhelming majority of consumers will no longer own a car – instead they will use on-demand electric autonomous vehicles.īy 2030, within 10 years of regulatory approval of autonomous electric vehicles (A-EVs), the report says, 95 per cent of all US passenger miles traveled will be served by on-demand, autonomous, electric vehicles that will be owned by fleets rather than individuals.

Transport-As-A-Service will use only electric vehicles and will upend two trillion-dollar industries. By 2030, you probably won’t own a car, but you may get a free trip with your morning coffee.

Running on Empty by L.B. Simmons