Driverless Industry: Current State, Business Model, Challenges and Prospects
DOI:
https://doi.org/10.54691/bcpbm.v20i.1095Keywords:
Autonomous Vehicles; Waymo; Value Chain; Challenges and Prospects.Abstract
Digital transformation in the automotive industry promotes the emergence of autonomous vehicles, having a significant impact on people’s daily life and microeconomic environment. This paper presents the current situation of the self-driving industry, its prospects, and the potential value chain in the future. Being the bellwether in the self-driving industry, Waymo has had the largest driverless taxi service in the world. Although there are many obstacles in the process of autonomous vehicles being the mainstream, its future is still promising. We predict the changes in the value chain mainly come from driverless technology and its convenience. This research could enable autonomous vehicle manufacturers to know which aspects should be developed into core competencies.
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