Frost & Sullivan Podcasts

Growth Prospects Shaping China's Autonomous Vehicle Market

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Synopsis

Topic Discussed : China's Autonomous Vehicle Market, Forecast to 2025Speaker: Yush ChauKey Takeaways:In China, in terms of the passenger car segment, the sales of autonomous vehicles were 262,300 units in 2018. 96.5% of autonomous vehicles are Level 1 and Level 2 private cars; another 3.5% of the autonomous vehicles are public taxis and mobility service vehicles. Going forward, the autonomous vehicle forecast will include Level 1, Level 2, Level 3 and Level 4 vehicles. The market is likely to experience a positive compound annual growth rate (CAGR) of 28.4%, reaching 1.5 million unit shipments by 2025.For further insights, please join us for future podcasts and become a member of Frost & Sullivan’s Leadership Council by emailing us at: digital@frost.com or click here to Contact Us.Related Keywords: Frost & Sullivan, Autonomous driving, China, potential autonomous driving miles, SAE, Society of Autonomous Engineers, autonomous vehicle demonstration base, Shanghai, Beijing, Chongqing, Baidu Inc, Tencent