What are the economic factors driving the adoption of autonomous commercial vehicles?
A commercial vehicle is an investment; an economic value proposition must be created for an idea or technology to gain traction toward actual deployment at scale.
The motivation behind autonomous, driver-out SAE Level 4 commercial vehicles goes beyond the convenience considerations that have created the development of robo-taxis for transporting passengers and freeing up the task of driving as they effortlessly roll down the road. A commercial vehicle is an investment; as such, an economic value proposition must be created for an idea or technology to gain traction toward actual deployment at scale. One can categorize the economic savings of a vehicle’s TCO into one of five main categories:
Increased equipment utilization
Improved delivery times
Improved fuel economy
Improved labor productivity
Improved safety/accident reductions