Self-Driving Vehicles in an Urban Context Press briefing

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Self-Driving Vehicles in an Urban Context Press briefing 24 November 2015 This survey on self-driving vehicles was prepared with the support of The Boston Consulting Group

Project dedicated to shaping new urban mobility with self-driving cars World Economic Forum project with the support of The Boston Consulting Group Private sector Delphi Automotive Plc Renault-Nissan Alliance Toyota Motor Corporation Audi AG AB Volvo General Motors Company PSA Peugeot Citroën Uber Siemens AG Qualcomm Incorporated HERE ChargePoint UPS DB Mobility Logistics AG Public sector Source: World Economic Forum; BCG + Joint project Ministry of Transport Singapore Land Transport Authority Singapore United Arab Emirates Ministry of Cabinet Affairs Roads & Transport Authority Dubai Drive Sweden Objective: Develop road map for a real-world pilot of urban mobility In focus in this document Understand consumer perspective on self-driving vehicles Conduct qualitative and quantitative customer research Conduct city policy maker interviews Develop future urban mobility scenarios Assess impact on key stakeholders incl. consumers and operators Understand larger impact on cities Develop roadmap for pilot implementation Define action items for each stakeholder in operating model for pilot government and other stakeholders 1

Extensive study of consumer and city perspective since June 2015 Step 1: consumer focus groups Six 4-hour focus groups conducted in Singapore, Berlin and London Step 2: consumer survey In-depth online survey in ten countries Step 3: city survey Interview series with diverse set of cities New York Helsinki Amsterdam Dubai MindDiscovery technique applied to identify people's motivations and fears with respect to self-driving vehicles Discussion around selfdriving vehicles, but also specific mobility models such as shared self-driving taxis 5,500 city inhabitants surveyed with various sociodemographic profiles Conjoint analysis included to understand consumer preferences between different shared mobility models Toronto Milton Keynes Singapore Miami Pittsburgh Graz 25 city policy makers interviewed Gothenburg Dusseldorf Discussion about city priorities and challenges and potential role of selfdriving vehicles and related mobility models Study provides fresh insights into consumer perception of self-driving vehicles Source: World Economic Forum; BCG 2

Cities Consumers insights from consumers and cities that surprised us 1 2 3 4 5 6 Many consumers are very open to trying and buying a self-driving car The key reason for this is not having to park a self-driving car Consumers want a traditional OEM to produce the self-driving car To consumers, a self-driving car is electric or hybrid Many are willing to pay more than $5K extra for a self-driving car They are slightly more reluctant to share a self-driving taxi, but will do it at a high discount 7 Cities expect self-driving vehicles to become a reality in the next years 8 9 Key impediments to them are public acceptance and technological readiness SDVs primarily seen as last mile solution complementing public transport They prefer having many private players offering self-driving taxis Source: World Economic Forum; BCG analysis, consumer survey August 2015, city policy maker interviews 2015 3

Consumers 1 Many consumers are very open to trying a self-driving car 58% say they would take a ride in a fully self-driving car but only 35% of parents would let their children ride alone in one In % of respondents per country In % of respondents per country 58% of respondents 35% of respondents Global 29% 29% 19% 11% 12% Global 13% 22% 20% 23% 22% China 32% 43% 16% 6% 2% China 16% 30% 14% 26% 14% France 31% 27% 17% % 15% France 8% 19% 24% 24% 25% Germany 21% 23% 20% 15% 21% Germany 3% 21% 23% 21% 32% India 56% 29% % 2% 3% India 27% 31% 23% 11% 7% Japan 12% 24% 24% 19% 22% Japan 7% 19% 20% 29% 25% Netherlands Singapore 19% 31% 22% 31% 25% 16% 24% 19% 8% 7% Netherlands Singapore % 19% 5% 16% 25% 28% 30% 40% 23% 2% UAE 38% 32% 18% 7% 6% UAE % 19% 25% 19% 27% UK 25% 24% 20% 14% 17% UK 7% % 23% 19% 40% US 27% 25% 17% 12% 18% US 12% 15% 22% 21% 30% Very likely Likely Neutral - Neither likely nor unlikely Unlikely Very unlikely Q: Imagine that the fully self-driving vehicle became available in the market. How likely would you be to consider taking a ride in it (for example as a test drive, taxi or rental car)? n=5,635 Q:How likely would you be to let your children ride alone in a fully self-driving car? n=2,480 Source: World Economic Forum; BCG analysis, consumer survey August 2015 4

Consumers 2 Consumers see a direct benefit in not having to park and being able to do something else during their travel time Drivers 43.5% "Drops me off, finds a parking spot and parks on its own" 39.6% "Allows me to multi-task/be productive during my ride" 35.0% "Switches to self-driving mode during traffic" Source: World Economic Forum; BCG analysis, consumer survey August 2015 5

Consumers 3 The most preferred producer of a self-driving car is a traditional OEM OEM as primary source of trust In % of respondents in cooperation with other players In % of respondents 69% 46% 16% Traditional Tech car company manufacturer Traditional OEMs 15% I don t know 12% New car manufacturer 6% Gov towned and supervised company 5% Automotive suppliers & With tech company Tech players 17% With auto supplier % Alone Mobility and logistics players 4% I don t know Infra players n=5,635 n = 2,579 with other players contributing their relevant expertise Source: World Economic Forum; BCG analysis, consumer survey August 2015 6

Consumers 3 Picture is consistent across all regions trust in OEM particularly strong in France, Germany and Japan In % of respondents per country 33 32 45 50 47 47 44 44 58 57 21 20 13 16 19 7 25 9 34 24 22 3 18 12 15 15 4 23 7 11 8 7 11 14 11 14 11 19 3 5 7 9 6 0 0 8 3 0 6 1 8 2 5 2 2 1 1 3 3 0 2 3 1 3 0 1 China France Germany India Japan NL Singapore UAE UK US Q: Who would be the ideal manufacturer of a self-driving car? n=5,635 Traditional car manufacturer I don t know A government-owned and supervised company Other Technology company New car manufacturer Source: World Economic Forum; BCG analysis, consumer survey August 2015 Automotive suppliers 7

Consumers 4 In consumers' minds, self-driving cars will be electric or hybrid In % of total respondents 66% of respondents 37% 29% 15% 9% 9%? Hybrid Electric I don't know Trad. combustion Fuel cell Q: What type of engine do you think self-driving vehicles will primarily have? n = 5,635 Source: World Economic Forum; BCG analysis, consumer survey August 2015 8

Consumers 5 Many are ready to pay more for a fully self-driving car % of consumers willing to pay more for a fully self-driving car 1 In % of respondents per country of which many would pay up to $5K more In % of respondents per country Global 43% Global 9 9 16 62 39% 4 3 16 1 28 52 50% 3 13 12 61 42% 6 11 8 73 50% 21 9 51 51% 4 6 8 24 58 42% 18 9 57 31% 6 9 89 47% 3 8 14 3 72 46% 3 8 1 24 64 38% 6 6 21 57 1. Percentage of respondents that quoted an acceptable price for fully self-driving car in excess of base price quoted for regular car Source: World Economic Forum; BCG analysis, consumer survey August 2015 $0 - $999 $2,000 - $2,999 > $5,000 $1,000 - $1,999 $3,000 - $5000 9

Consumers 6 Consumers are more reluctant to share a self-driving taxi with strangers In % of total respondents 37% of respondents 25% 25% 12% 18% 19% "It is not safe for a lady to share with strangers." Janice, 39 Very likely Likely Neutral - neither likely nor unlikely Unlikely Very unlikely Q: How likely are you to consider using a shared selfdriving taxi? n = 5,635 "Who will maintain the car if it gets dirty?" "Me, as a woman, I would never want to share a ride with three drunk guys at night" Jennifer, 26 Keryn, 32

Consumers 6 Highest willingness to use a shared self-driving taxi in China and India In % of respondents per country 5 12 21 42 20 23 22 21 25 9 6 29 29 30 18 20 22 25 35 25 25 30 21 32 16 11 5 8 4 14 13 14 22 25 35 32 23 16 7 31 29 17 25 26 27 17 13 5 China France Germany India Japan NL Singapore UAE UK US Q: How likely are you to consider using a shared self-driving taxi? n=5,635 Very unlikely Unlikely Neutral - Neither likely nor unlikely Source: World Economic Forum; BCG analysis, consumer survey August 2015 Likely Very likely 11

Consumers 6 But at a sufficiently steep discount, they all opt for sharing their taxi % of respondents opting for shared self-driving taxi 1 vs. regular taxi priced at $20 47% 52% 37% Price for shared self-driving taxi ride vs. a regular taxi ride at $20 $ $7 $5 1. Based on a shared taxi configuration of 2 additional passengers, 5 additional minutes of wait time and no selection choice of other passengers Source: World Economic Forum; BCG analysis, consumer survey August 2015 12

Cities 7 Cities believe that self-driving vehicles become a reality in the next years Most cities expect commercialization in next years And many of them have specific SDV related initiatives under way In % of total interviewees 1 48% 40% Singapore Extensive multi-year SDV trials announced in October 2015 Gothenburg Milton Keynes Trials of autonomous pod cars starting in 2016 as part of project UK Autodrive 2016-2020 2021-2025 8% 2026-2030 0% 2031-2035 0% 2036-2040 4% 2041-2045 DriveME project with 0 self-driving Volvo cars on public roads to start in 2017 Pittsburgh London Project GATEway to start trial of pod cars in Greenwich area in 2016 " We are very supportive of self-driving vehicle testing in our city." " We want to test self-driving vehicles in real-life to see how they could change our city." Uber and Carnegie Mellon University developing and testing SDVs in Pittsburgh Amsterdam Promotion of self-driving vehicles development as part of Dutch EU presidency 2016 Toronto Started exploring impact on city; plans to develop twoyear roadmap by year end 1. Due to small sample size results are not statistically representative; Source: World Economic Forum; BCG analysis, city policy maker interviews 2015 13

Cities 8 Key impediments to realization are societal acceptance and technology Homogeneous picture across most cities Rationale Top impediments (multiple counts possible) In % of total interviewees 1 1 Consumer acceptance 56% "This requires a significant cultural change" "We will need to get the public used to self-driving cars gradually." 2 Technology 44% Regulation Governance 8% 20% "The technical challenge of interacting with pedestrians in the city cannot easily be solved" "Technology needs to be safe and approved and consumers need to feel safe using them" "How will crashes be programmed? Who decides on the right priority for saving lives?" Regulation not considered the most significant roadblock 1.Due to small sample size results are not statistically representative; Source: World Economic Forum; BCG analysis, city policy maker interviews 2015 14

Cities 9 Self-driving vehicles primarily seen as last mile solution Medium-sized cities Car-centric cities Established megacities New megacities 1 2 3 4 Gothenburg Miami New York City Singapore Example city Use case Last mile solution Last mile solution Last mile solution Freight transport Utility Fixed and scheduled services Last mile solution Freight transport Utility Desired role vs. public transport Mostly complementary Outside city center Substitution of some low frequency bus routes Mostly complementary Both in city center and outside Substitution of some low frequency bus routes Strictly complementary Outside city center Complementary and enhancing Both in city center and outside ; Source: World Economic Forum; BCG analysis, city policy maker interviews 2015 15

Cities 9 Benefits perceived are both at societal and at individual level "Access to elderly and disabled" "Better access in low density areas" 7 Equitable access to mobility 1 Improved road safety "Reduction of accidents" "More safety for all road users" "Increased convenience" "More & better mobility choices" 6 Individual benefits Better service Increased traffic efficiency 2 "No need to add new car-focused capacity" "Less congestion, better flow" "Cheaper mobility for end consumer" "Lower cost of travel to city & consumer" Decreased transport cost 5 Decrease in pollution Freed up space 3 "Less parking space needed in city center" "Possibility for new city planning" 4 "Less car travel at low occupancy" "Fewer cars on the streets" Source: World Economic Forum; BCG analysis, city policy maker interviews 2015 16

Cities Most cities prefer having many private players offering shared fleets Free market economy most desirable Rationale In % of total interviewees 1 88% The city is not best suited to operate shared self-driving fleets Long decision making processes Long and rigid investment horizons Decisions influenced by political considerations Difficulty funding required investments 0% City 8% Private player Multiple private players 4% Peer-to-peer Rather, the city should assume an enabling and regulating role Enable development of new technologies and provide testing environment Ensure safety at trials Regulate the market Safety and security Reach Definition of service levels Most cities open to working with third parties for provision of on demand services 1. Due to small sample size results are not statistically representative; Source: World Economic Forum; BCG analysis, city policy maker interviews 2015 17