This Is The Most Self-Driving Car Ready Country In The World

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
This Is The Most Self-Driving Car Ready Country In The World

© shaunl / iStock Unreleased via Getty Images

The future of car travel is electric cars and autonomous driving. EV sales in the U.S. are already into the hundreds of thousands of units a year, led by Elon Musk’s Tesla. All major car companies, particularly Ford and GM in the U.S., have multibillion programs to move away from fossil-fueled vehicles as early as 2030. The environmental benefits will be huge.

Autonomous cars present a difficult challenge. The sensors they use are complex. Tens of thousands of miles of American highways may need to be adapted for maximum safety. How do autonomous cars coexist with those that have drivers? Will people accept a world in which their safety is handed off to a machine?–no matter how sophisticated?

Confused.com has released a study titled “The top AV ready countries”. The authors point out: …”there are many technological and ethical issues that come with the development and rollout of AVs.”

The researchers looked at all OECD countries. Among the factors considered were AV Regulations, which include public policy, technology, which includes AV businesses, consumer acceptance based on research, and infrastructure. Among the sources used were TheGlobalEconomy.com, World Bank, Espacenet, and Crunchbase.

[nativounit]

Countries were given a composite score, with 10 as the highest score possible.

The U.S. topped the list with a score of 8.62, followed by Japan at 7.59, France at 7.37, the UK at 6.92, and Germany at 6.74.

The bottom of the list was taken by Turkey at 2.01, followed by Slovakia at 2.10 and Lithuania at 2.14.

24/7 Wall St.’s most recent evaluation of Tesla noted–“Tesla Inc.”– Though Daiwa Securities upgraded shares of the electric vehicle heavyweight to Outperform from Neutral, it also lowered the target price to $900 from $980. Morgan Stanley recently reiterated a Buy rating and has a massive $1,300 price target. Meanwhile, Piper Sandler reiterated its Overweight rating and boosted its $1,300 target price to $1,350. The consensus target is $962.94. The shares were trading at $802.00 on Friday.”

Click here to read The Fastest Selling Car in America

[wallst_email_signup]

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Top Gaining Stocks

SMCI Vol: 127,324,339
DVA Vol: 2,940,978
AMD
AMD Vol: 87,718,171
DOC Vol: 28,533,639

Top Losing Stocks

CDW
CDW Vol: 6,329,492
COR Vol: 7,858,482
TECH Vol: 11,946,092
ANET Vol: 35,627,111
SWKS Vol: 10,386,795