- McKinsey estimates that rideshare and onboard-data services could generate an additional $1.5 trillion of annual automotive revenue by 2030.
- Carmakers’ R&D budgets jumped 61 percent, to $137 billion from 2010 to 2014: they want to ensure that software players don’t win the lion’s share of it.
- It costs an average of $8,558 per year to own a car in the U.S., but each vehicle is used just 4 percent of the time.
Read next