The Center for Automotive Research (CAR), a leading automotive research firm, just released a new study that casts doubt over autonomous and electric vehicles taking a huge share of traditional gasoline and diesel engine vehicles off the market soon. Automakers are committing to making serious investments in personnel and capital expenditures in fully autonomous vehicles, electric vehicles, and mobility services similar to Uber and Lyft – and sometimes partnerships with these shared ride companies. Yet, consumer studies and buying patterns are showing that winning over their hearts and minds to the new technology will be taking quite a few years. The new study’s title describes these findings: “The Great Divide: What Automotive Consumers are Buying vs. Auto & Supplier Investments in Future Technologies, Products & Business Models.” The study identifies the technology of the future as automated, connected, electric, and shared vehicles (ACES). Automotive analysts and journalists have named […]