During an analysts conference held last week in the US, the industry experts praised the evolution of automakers towards the introduction of autonomous cars and further advancing their fuel-saving techniques.
That’s a true meld of the old and new – the automated driving and traditional internal combustion engine. According to Xavier Mosquet of Boston Consulting Group, the first category already (note there’s no autonomous car yet on the roads as a series produced model) sees an astonishing 55% acceptance from car buyers – and if regulators won’t push for the autonomous revolution, customers certainly will. The 55% refers to people willing to buy partially-assisted self-driving cars, with 40% going for the full autonomous treatment and 20% adding they are willing to spend $4,000 for the system.
The audience present during the Society of Automotive Analysts and Citi Research Automotive Investor Summit also pointed out that new engine technologies – many of them enhancing the old gasoline and diesel engines we know – are taking up an increased chunk of the global automakers’ R&D budgets. In time, the advances should yield a 40% reduction of fuel consumption. While electric driving weight reduction and other technologies are set to play a bigger role, key to the improvements are the ongoing advances to the traditional gasoline and diesel engines.