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Cars In Death Spiral:

• technocracy.news By Giles Parkinson

Technocrats will destroy trillion dollar industries just because they can. Autonomous vehicles fueled by Artificial Intelligence and electricity will become the norm and combustion engine cars will be a distant legacy of the industrial revolution. ? TN Editor

By 2030, you probably won't own a car, but you may get a free trip with your morning coffee. Transport-As-A-Service will use only electric vehicles and will upend two trillion-dollar industries. It's the death spiral for cars.

A major new report predicts that by 2030, the overwhelming majority of consumers will no longer own a car – instead they will use on-demand electric autonomous vehicles.

By 2030, within 10 years of regulatory approval of autonomous electric vehicles (A-EVs), the report says, 95 per cent of all US passenger miles traveled will be served by on-demand, autonomous, electric vehicles that will be owned by fleets rather than individuals.

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