These 2 Figures Explain Why GM, Waymo, Ford Are Getting Into Self-Driving Taxis

General Motors (GM), Ford Motor (F), Alphabet (GOOGL)-owned Waymo and Intel (INTC) lead auto and tech companies pouring big bucks into self-driving cars. But consumers aren't buying into this new technology.

X

There are two key numbers to consider: Car buyers say they are willing to pay $2,300 for autonomous-vehicle features. But current AV systems cost around $22,900 — nearly 10 times more. That's according to a recent AlixPartners study.

That actually underestimates the cost of...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

General Motors [+]    Ford [+]    Alphabet [+]    GOOGL [+]    Waymo and Intel [+]    INTC [+]    AlixPartners [+]   

More #news: