Americans have little interest in self-driving cars. The information is a blow to a major transformation of the automobile industry. Manufacturers expect that autonomous vehicles, along with electric cars, are the wave of the future. Most have major programs to prepare for a future in which millions of these vehicles will be sold each year.
[in-text-ad]
Partners for Automated Vehicle Education conducted a survey of 1,200 people taken between February 27 and March 5.
Among the primary findings:
- Nearly three in four Americans say AV technology is “not ready for primetime.”
- 48% of Americans say they “would never get in a taxi or ride-share vehicle that was being driven autonomously.”
- 58% think safe AVs will be available in ten years, and 20% believe they will never be safe.
- Only 34% of Americans think “the advantages of AVs outweigh any potential disadvantages.”
- Only 18% of Americans agree with the statement “if there was a website to get on a waiting list for the first AV, I’d put my name down.”
Self-driving cars have drawn hundreds of millions of dollars in investment. Some of this is from manufacturers like Tesla and General Motors. Other investments have come from tech companies like Alphabet’s Waymo.
It turns out that many of these investments will not bear fruit for a very long time.
Is Your Money Earning the Best Possible Rate? (Sponsor)
Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.
However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.
There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.