Cars of the Future
From hybrids to driverless cars, some very creative minds have been re-thinking the humble automobile. So what does the future hold for the horseless carriage? Credit Suisse’s U.S. automotive and transportation analyst Chris Ceraso anticipates that more drivers will opt for hybrid cars than for electric models over the next five years. Despite improving technology, he believes that the range and cost of electric cars will continue to hold back their wider adoption in the marketplace. But other factors will also drive transportation trends in the coming years, including the emergence of technologies associated with driverless cars. Ceraso says regulatory and legal issues could slow the introduction of driverless automobiles, but some of the technology emerging to support the driverless experience, such as navigation systems that can communicate with other cars, will eventually make its way into the safer, smarter and more efficient cars of tomorrow.
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