Advancements in autonomous vehicle technology are expected to dramatically lower operating costs for self-driving car fleets, primarily through more durable systems, improved efficiencies, and reduced research needs. As a result, the cost per mile for these vehicles could drop from over $8 to just above $1 in the near future. This significant reduction is likely to make autonomous vehicles increasingly attractive for commercial fleets, ridesharing, and logistics, potentially accelerating widespread adoption and transforming how people and goods travel.

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