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taxi rise won TMt slow global auto demand Automakers can expect rising global demand over louis vuitton speedy 30 or neverfull mm the coming decades, even if changes to the industry mean fewer people actually own their cars, Renault SA head of electric vehicles said. The emergence of driverless robo taxis after 2025, along with electrification, smart travel apps and the agenda louis vuitton d&occasion growth of car sharing, may slow demand in advanced economies such as the US and Europe, said Gilles Normand, the French company senior vice president for electric vehicles. Any decline in richer countries will be offset by growing sales in emerging economies he said in an interview in London on louis vuitton neverfull pouch Wednesday. India is close to overtaking Germany in terms of market size, he said. industry is where can you buy louis vuitton purses going to evolve more in the next 10 years than in the last century, he said. tomorrow will evolve to something where we move from owning a car to more buying a service. Electric vehicles still represent only a tiny share of global vehicle sales but are growing quickly and going to become more widely used as prices for the batteries continue to decline. Car hailing and sharing, spurred by companies like Uber Technologies Inc, are set to expand. By 2030, 95% of US passenger miles will be made via this as a service model, with fleets of self driving electric vehicles that aren owned by individuals and can be ordered on demand, according to a report last week by the research company RethinkX. As shared cars will be used more than individually owned ones, fewer will be needed. doesn mean it will happen in every country at the same speed because obviously there are a lot of regulations, said Renault Normand. The carmaker is based in the Paris suburb of Boulogne Billancourt and Nissan Motor Co owns a 15% stake. Its Nissan Leaf was the second best selling electric vehicle in 2016, while the Zoe model was the eighth best selling, according to Bloomberg New Energy Finance. Earlier this year, the Renault Nissan alliance partnered with Transdev SA in a research effort to develop electric, driverless vehicles. They want to develop a system that lets people book rides and helps operators manage self driving fleets. still need the same amount of cars, but you have less cars being used in parking lots and you can reduce parking lots and you have more friendly space in cities, but this is going to be long term, he said. Even as technology giants like Alphabet Inc develop autonomous vehicle software and sensor systems, they avoiding making cars in high volume, a complex manufacturing process that traditional automakers have already mastered. Technology companies are used to high margin and low capital intensity, not the high capital costs seen in the auto sector, Normand said. they start to make the maths they understand that this is a very competitive industry, there is a lot of product liability already, he said.
think we won be one against the other but are more likely to co operate. Indeed, Alphabet Waymo self driving car unit has already partnered with traditional automakers and the chief executive officer John Krafcik likes to say he in the business of building a better driver, not a better vehicle. Bloomberg.
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