Is this retail, wholesale or cost to make prices?
As someone who works on their own cars, electric and self-driving cars have me scared that it will not be possible in the future.
As someone who works on their own cars, electric and self-driving cars have me scared that it will not be possible in the future.
One thing to think about: autonomous cars might make a big difference for car-sharing services or trucking, but they're less essential when you're driving the car yourself and parking in your garage. I think traditional cars will be around for a while. (Particularly in lower-density areas where there's less demand for ride-sharing services.) This article [2] suggests regular cars may be around until 2050 or so:
"According to IHS, a firm that provides automotive forecasts and insights, sales of autonomous cars, including driver control, will begin by 2025 and could reach 11.8 million in 2035; sometime after 2050, says IHS, almost all vehicles will be autonomous."
So your hobby is probably good for another 30 years at least?
[1] http://ben-evans.com/benedictevans/2017/3/20/cars-and-second...
[2] http://senseable.mit.edu/papers/pdf/20150803_Claudel_Ratti_F...
Assuming 12 ft by 22 ft (minimum space for a one car garage, rounding down nation wide to be conservative), that's 264 sq ft. In 2016, there were about 125.82 million households in the United States. That's 33.216 billion sq ft of additional living space!
They say they're not making more land; I'd argue we're going to be way more efficient with the land we have in the future.
And lots of garages aren't attached (on this block there are 12 garages with 1 being attached to the house).
Another way to say 30 billion square feet is 15 million to 30 million housing units. A drop in the bucket of the additional housing that will be needed globally in the coming decades.
Good call, my mistake.
> Another way to say 30 billion square feet is 15 million to 30 million housing units. A drop in the bucket of the additional housing that will be needed globally in the coming decades.
I don't think this is the case. Population is on the decline in the industrialized world. Africa, Indian, and China need a whole lot of housing though.
But note that I said global to begin with. I think letting people move around freely is a fine thing.
This link shows a projection Census did in 2012:
https://www.census.gov/newsroom/cspan/pop_proj/20121214_cspa...
They seem to have killed a bunch of urls, but they do tables of future expected population. The US population is very much expected to exceed 400 million before too long.
Hell, some people have so much junk they can't even park their cars in their garage.
people vastly over estimate how fast self driving cars will arrive and just as much the electric only revolution
I'd guess it's the estimated cost to manufacture, say, half a million units.
GM sold 574,876 Silverados in 2016[1] a new headlamp assembly for a 2016 Silverado costs about $600 each on eBay.
1. http://www.businessinsider.com/best-selling-cars-trucks-vehi...