Morgan Stanley IM: Driving Change – Autonomous Vehicles Revisited

• People have dreamed of autonomous driving for a long time, but the technology was never up to the task. The capabilities are now improving rapidly and the potential impact is massive, we believe we are on the cusp of a paradigm shift.
• We revisit our autonomous driving paper from 2017, where many of our hypotheses had not yet been proven. The technology and the business models have evolved, and recent breakthroughs have validated many aspects of our original theses.
• We discuss the large opportunity in autonomous trucking as 180 billion miles are driven each year in the U.S. alone.
• And lastly, we turn to the robotaxi race, analyzing existing players, the road ahead, as well as societal impacts including urban planning and parking spots.
  

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