For ordinary consumers, buying a good car has become a real enjoyment. With the increasing demand for automobiles, the automobile finance industry seems to have ushered in a period of explosion. However, some people hold the opposite attitude, think that the car finance in the next decade will go into a cold winter, what is this?
Profound impact on the entire automobile industry
When it comes to the automobile industry, it can be traced back to the second Industrial Revolution. Subsequently, the automobile industry gradually matured in European and American countries. According to the World Automobile Organization and the Association of Automobile Manufacturers, the world automobile production reached 97,80,600 units in 2015 and is expected to reach 100 million units in 2017-2018.
At the same time, although car accident in our country is decreasing year by year, the accident rate is still very high, roughly 4-8 times that of developed countries.
At this time, driverless driving, as an important scientific research achievement, will greatly reduce the accident rate and become a future blessing. What's more, the changes have been profound. Not only have people freed their hands, but car culture has also changed. Without the driver, transportation becomes a real reality; Artificial intelligence control cars, traffic will be greatly improved; Car production will also be profoundly transformed, driverless cars, no steering wheel at all; The same is true of auto finance.
Insurance is about to be revolutionized
When it comes to auto finance, most people think of loans and installments. In fact, auto finance includes various types such as loans, financial leasing, insurance and car sharing. Driverless car finance change, the biggest is still insurance.
To buy a car, it is necessary to pay thousands or even tens of thousands of yuan of insurance every year. Autonomous driving will make a big difference. The occurrence of vehicle accidents is mostly caused by human causes, such as lane change, speeding, driving in the opposite direction, failing to avoid, etc., which basically will not appear in the case of unmanned driving. As a result, car accidents will be significantly reduced under driverless conditions. As things stand now, 80% of accidents will not occur.
There is no doubt that the emergence of driverless cars is a fatal blow to car insurance. Both terminal insurance sales and top-level design will face new challenges. The decline in vehicle accidents means that consumers are not interested in car insurance; In turn, insurers will have to rethink and design policies based on driverless cars to meet consumers' appetites. And the original type of insurance, will gradually withdraw from the stage of history.
The future is not far away
In the face of such facts, insurance companies are not worried? They don't seem to think so.
According to several research institutes, it may take 10 to 20 years for driverless cars to hit the road and be commercially available on a large scale. The Chinese market will be even later, with experts predicting that driverless cars will account for no more than 5 percent of passenger cars by 2035. So insurance companies are understandably not worried. But for their part, tech giants are trying to speed up the process of getting self-driving cars on the road.
The Baidu World Conference was held in Beijing on Nov 16. At the meeting, Robin Li was beaming and announced that Baidu will cooperate with Golden Dragon Bus and plan to launch China's first driverless microcycle bus "Apolon" in 2018. In addition, Baidu will launch self-driving mass-production models with Jianghuai and BAIC in 2019, and Chery in 2020.
Back in the day, a Tesla without a steering wheel on a congested road is already evident, and Google's self-driving cars have traveled hundreds of miles without incident. These facts are proving to auto insurers that the auto industry has come of age.
AI technology makes it possible to drive without a driver, and may also create a huge wave in the Internet finance sector. Cloud Qianbagao, an online lending platform, believes that it is not enough to just focus on the industry itself, as technological innovation has deeply affected all walks of life. As an Internet financial enterprise, the application of big data and artificial intelligence will become the mainstream in the future, and the layout of cloud money bag will also be accelerated.
