The relentless forces of competition and the accelerating deployment of new technology is transforming the car industry. It is inevitable that – sooner or later – there will be driverless cars on the roads.
The arrival of driverless cars will present a number of big questions which, so far, remain unanswered: What ownership models will emerge? What will be the impact on other industries? Who will be the first adopters? And what will be the wider impact on society?
In this Executive Insights, L.E.K.'s Ashish Khanna and Jonathan Simmons explore these questions and outlines the disruptive impact of driverless cars, not just on businesses within the automotive industry. In particular, they highlight how governments will be required to play a critical role in navigating this new era.