Hyperdrive

Carmakers Play Numbers Game in $53 Billion Self-Driving Splurge

Most major manufacturers are reluctant to put all their autonomy eggs in one basket.

Cruise Co-Founder Kyle Vogt presenting a prototype of the Origin driverless shuttle in January 2020.

Photographer: David Paul Morris/Bloomberg
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In BloombergNEF’s latest road transport outlook report, we see autonomous vehicles accounting for roughly 8% of the kilometers that passenger vehicles travel by 2040.