Autonomous Trucks Will Mean Big Savings For Freight Companies
While fixed costs (such as gasoline) and variable costs (including tax, rates for cleaning, communication and testing costs) would be reduced by a mere 7 percent respectively, the highest potential for saving lies with the cost of a driver. Accordingly, autonomous driving technologies are likely to reduce annual costs of a driver by staggering 30 percent by 2025 – an incentive that makes self-driving trucks a hot prospect for freight companies. However, from the perspective of drivers employed at freight companies this is bad news: Goldman Sachs estimated that the new technology could eliminate 25,000 driver jobs a month or 300,000 per year about 25 years from now.
This graphic illustrates the average annual operating costs by category for an average long-haul truck in thousand euros.