Gearing for change:
Preparing for transformation in the automotive ecosystem- Charting the pathways to the future of mobility
Fewer cars making more trips and driving more miles—that’s one future for the extended automotive ecosystem. It is estimated that people could travel up to 25 percent more miles by 2040 than they do today. Shared and autonomous vehicles will likely make personal mobility more affordable and convenient, transforming the transportation landscape in cities and beyond. If this transformation happens, total vehicles sold annually could decrease by as much as 40 percent in that same time frame.