Honda's NeuV CES Concept Wants to Help Its Owners Earn Money

Privately-owned vehicles sit idle 96 percent of the time, according to Honda. So to help people maximize their investment, the automaker is introducing the NeuV—an autonomous vehicle concept specifically designed for car-sharing.

One benefit of connected and autonomous cars is that cars will be eventually able act as driverless taxis that could create a revenue stream for the vehicle's owner, said Yoshiyuki Matsumoto, president & CEO of Honda research and development. This puts power back into the hands of the car owner, enabling them to become not just an Uber driver, but a ride-sharing company like Uber itself. In addition, when the car isn't being used to shuttle strangers around, it can even be used to make money off the electric company, selling power back to utility providers when demand is high. Read full article...

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08 Jan 2017

By Liane Yvkoff