Automobile sales

Expert Voices

Automakers envision a business model for AVs: selling miles, not cars

A blue car sitting atop a pile of money
Illustration: Sarah Grillo/Axios

If AVs eventually dominate the car industry, automakers could start charging for miles travelled instead of vehicles sold — potentially a much bigger revenue opportunity.

The big picture: Automakers and tech companies are investing in AV technology because it offers, among many things, a new revenue stream if people shift from owning vehicles to buying access to transportation.

Expert Voices

Governors are taking the lead on electric and autonomous vehicles

Illustration: Sarah Grillo/Axios

State governors, and not the federal government, are emerging as the leaders on vehicle electrification and automated vehicle deployments.

Why it matters: With the flexibility to experiment with infrastructure solutions and policy frameworks, states often serve as incubators for tech innovations. The governors who enable AV programs may well ensure that the U.S. remains a leader in the AV space.