Is Aptiv the ultimate driverless vehicle investment?
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The age of driverless vehicles is not far away. This exciting US tech company is providing autonomous software to all of the world’s largest car companies and already has a fleet of driverless taxis available in Las Vegas. Surely that makes it the ultimate stock for access to a market which is expected to be worth $557bn by 2026.
Nothing characterises our expectations of a high-tech future quite like autonomous vehicles: clean, carbon-free cars navigating busy streets with the type of pace and efficiency that modern city commuters can only dream of. But driverless vehicles are not a distant dream; they are at the heart of a very real market which is expected to grow from $54.2bn (£43.5bn) in 2019 to $557bn by 2026 – a compound annual growth rate of 39.5%.
Driverless vehicles are…
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