Autonomous Mobility: Cutting the Cost of Transporting Everything

Adjusted for inflation, the cost of owning and operating a new vehicle hasn’t budged since the Model T rolled off the first assembly line in 1934: $0.70 per mile. That cost has been anchored in the 19th century transportation technology upon which humans still rely today. We believe the convergence between artificial intelligence and battery technology has created unprecedented autonomous electric transportation possibilities, including vehicles that fly and roll in ways that will alter the movement of people and goods radically.

In this white paper, we examine the economics of autonomous mobility, including human and freight transport, both of which are facing profound changes.