Roadmap to $5 share looks to be obsolete target as each day's trading passes...
Roadmap to $5 share looks to be obsolete target as each day's trading passes...
Do you mean absolute target?
I'm not sure how you figure "driverless cars are the answer to congestion" - do you think driverless cars will result in fewer trips being made?
I think that driverless cars would actually result in more congestion because each trip will have a little bit of overhead at both ends (ie the extra travel the car has to do from where it is when you summon it to where you want to be picked up and vice versa at the end of the trip)
Also, you might find that the fact that people don't need to worry car parking will mean that one of the big incentives to use public transport will disappear and people will be more inclined to use single or low occupancy driverless cars - again, more congestion
We going to be told off for not being on topic, but congestion results from driver inefficiency not just the number of cars/trips. Get rid of the human and you can get rid of traffic lights, traffic lanes, car parking etc etc, you will get orders of magnitude of efficiency gains and zero congestion.
I can see where biscuit is coming from - can't you? It seems pretty obvious:
Less parking space required for driverless cars, given that they can do something useful (serving other passengers) instead of using up road space waiting for their driver to return.
Less cars overall needed (equals less road space). One car can serve many drivers.
Less safety distance required (if all cars are driverless) - more cars per road km, less congestion;
Less accidents (by removing the major cause of accidents - the human driver - out of the car) resulting in less road congestion;
More socially acceptable and planned driving maneuvers result in better rood utilization: https://medium.com/swlh/how-self-dri...n-8bad5594c5d0
Who wants to get into a car that the great unwashed use? Look at the state of the interiors of some cars now. At least with public transport someone is keeping an watch on state of cleanliness.