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Self-driving cars on the rise

2014-01-02 07:46

AUTO MARKET SHARE: Self-driving vehicles could have a 9% market share by 2035. Image: AP

DETROIT, Michigan - Autonomous cars will account for about 9% of global auto sales in 20 years, according to a forecast published by auto industry consultant IHS Automotive.

IHS analyst Egil Juliussen said: "The study focused on autonomous cars, which can drive with no attention needed by the driver".


Such cars are not currently available for sale, but IHS predicts they will be available around 2025.

IHS expects global sales of self-driving cars in 2025 to be 230 000 - less than 1% of the 115-million cars expected to be sold that year.

Juliussen said: "By 2035, sales of self-driving cars will reach 11.8-million, or 9 % of the 129-million global auto sales expected that year."

He added that most of these sales will be in well-established auto markets like the United States, Western Europe and Japan.

Juliussen said: "The pace of growth for self-driving cars will exceed that of electric cars, which have been hobbled by the high cost of batteries."
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