FRANKFURT — Revenues from autonomous driving will not ramp up until 2030 and beyond, the CEO of German auto supplier Continental AG said on Thursday.
“Until 2030, the market will be driven mainly by assistance systems. Significant revenues will only come in 2030 and thereafter,” Elmar Degenhart said in response to a question about when the market for fully autonomous vehicles will take off.
Degenhart was speaking at a press conference on Thursday to discuss the company’s earnings.
