The Seismic Impact Of Self Driving Cars On Oil

6 Jun 2017   Electric Cars

All self-respecting automakers today have an electric car project. Most are either working on or considering an autonomous vehicle, too. E-cars are hot. Self-driving ones are even hotter. And according to one new report, they may take over roads much sooner than most analysts project. RethinkX is a freshly set up think tank that will issue a series of reports on major disruptions in technology, starting with transport . According to the authors, co-founders James Arbib, a venture capitalist, and Tony Seba, an entrepreneur, autonomous cars will be the dominant form of transportation in the U.S. by 2030. That’s in stark contrast to most forecasts, which see the evolution of self-driving cars as much more linear than it actually is, Arbib and Seba argue. That’s because driverless car technology is a tech disruption, and tech disruptions take much less time to unfold, Seba says. In the report, Arbib and […]

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