As for people buying more cars, so many people already have cars that I don't imagine that having a huge effect.
So overall I disagree with your conclusions.
As for people buying more cars, so many people already have cars that I don't imagine that having a huge effect.
So overall I disagree with your conclusions.
Fleet prices for electric cars today are already significantly cheaper. In the future, probably more so.
Instead of one car per adult, it'll be one car per person once the kids get to primary school age in suburban families.
There are a lot of elderly and disabled people would own cars if they were self-driving and a bit cheaper than they are now. Many people currently using public transport might switch, too. That group might use shared cars, but the others are unlikely to.
The effect might be bigger than one would think.
Edit: the effect on traffic volume and congestion will be bigger. Freed from the burden of driving, commuters will be able to live further away from their jobs. Empty cars will be a significant fraction of vehicles on the road.
I was actually thinking that it would reduce car ownership. If I could commute and then send the car to home so that my wife could commute to her workplace, I definitely would! It would require syncing on who uses the car when, but at a more granular level compared to now ("I'm taking the car today" vs "I'm taking the car between 8-9am").