Industry expectations for autonomous vehicles range from optimism about imminent breakthroughs to pessimism that self-driving cars will ever hit the road on a wide scale
Goldman Sachs Research sees signs that partial automation and assisted driving are becoming more widespread. The ramping-up of fully automated cars is taking longer than previously anticipated, but the segment will continue to grow and in the longer-term be a larger part of the market.
“The bottom-line is that we believe improved AI technology will help the industry reach higher levels of performance, although we also believe that wide scale AV adoption is still at least a few years away as a base case,” Mark Delaney, who covers automobiles and industrial technology for Goldman Sachs Research, writes in his team’s report.
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by Goldman Sachs, August 19, 2024
