The latest outlook from S&P Global Mobility highlights the slower progress and challenges faced by both the automotive and tech industries in developing self-driving vehicles in Levels 4 and 5, contrasting with the optimism of just five years ago. This report provides a deep dive into the world of robo-taxi technology, charting its evolution, market interplay and the growing ecosystem that supports it. The report will navigate through the complex landscape of autonomous driving, shedding light on key market trends and anticipated challenges. Moreover, a spotlight is cast on major Level 4 technology providers, showcasing their pivotal roles and contributions to this automotive revolution.
The latest analysis from S&P Global Mobility underscores the slower progress and challenges encountered by the automotive and technology sectors in the development of self-driving vehicles, in contrast to the optimism of five years ago. Despite these challenges, our forecast anticipates an early yet cautious adoption of Level 4 autonomous vehicles, with stakeholders actively addressing obstacles to drive adoption forward. An important focus emerges on Level 4 Mobility-as-a-Service (MaaS) applications, indicating a strategic effort to integrate autonomous vehicles into shared mobility services. Technology firms and mobility providers are pivotal in emphasizing this focus on Level 4 MaaS, highlighting the critical role of technological innovation and service delivery in advancing autonomous mobility. The report offers a comprehensive exploration of these trends, providing insights into the evolving landscape of autonomous driving, market dynamics, and the challenges and opportunities associated with Level 4 autonomous vehicles.