Autonomous Trucks
Over the past decade, China has experienced an infrastructure boom and mushrooming demand for road transportation, leading to rapid growth of the heavy-duty-truck (HDT) market. 1As of 2022, the top five participants in China’s HDT market held more than 80 percent of the market—and the industry is becoming more concentrated. Autonomous drivingAs more use cases are identified, automation, particularly high-level autonomous driving, may see quicker adoption across the HDT industry. Autonomous driving could boost drivers’ quality of life by reducing the mental load of driving. Autonomous trucks are not constrained by a driver’s hours of service and can reach higher utilization rates as a result.