Global stock of cars in 2017 is around 1.1 billion, the two major shifts of electric vehicle and autonomous driving will eventually cycle into this stock
Direct impact of these two shifts will have profound effects on oil production and traffic accidents
But what about second and third ordered effects?
Then what....okay, then what?
Second order effects of EV
Tobacco purchase at gas stations
Well over half of US's tobacco sales are from convenience stores
Highways are funded by gas taxes
Electricity consumption, off-peak scheduling
Second order effects of autonomous driving
Costs from vehicle damage has a large economic effect
Removes the need to reserve land for parking
Increases road capacity
Removes jobs for drivers
Cheaper on-demand rides
This will change how cities are built, how downtown and suburbs will interact, how big-box retail and stores will be situated