Currently, EVs are on their way to 100 per cent consumer adoption. AVs are not. “Indeed, 2022 was the year of EVs,” says Michelle Krebs, executive analyst for Cox Automotive. “While the rest of the US market is down, we expect EV sales will keep rising in 2023.” Krebs says autonomous vehicles “were always the bigger challenge. Technical challenges remain daunting. Some AV developers note the greatest progress has been made, but that last ten per cent is the hardest. AVs have not been helped by Tesla’s Autopilot incidents and investigations.” When Argo AI—which was backed largely by Ford Motor Company and Volkswagen Group—folded in October, CEO Jim Farley said Ford would pull back from developing Level 4 and concentrate on “Level 2-plus” and Level 3 in-house. Read original article here.
