Many forecasts suggest that by 2050 the autonomous vehicle industry will be worth $ 7 trillion and that there will be as many as 27 million driverless cars in Europe. This is why it needs to be properly regulated, which has its own challenges.
One of them is the issue of ownership. It is more likely that autonomous cars will be part of ride-hailing services, and not purchased by individuals.
Another challenge is the risk connected to the self-driving cars. Many fear that they are not safe, as there have been a few fatal incidents.