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IHS Markit: China autonomous vehicle sales to reach 14.5 million units in 2040, nearly half of 33 million expected globally

SOUTHFIELD, Michigan – Buoyed by mobility services and pending regulations on autonomous vehicle testing and deployment, China is expected to sell 14.5 million autonomous vehicles in 2040, accounting for nearly half of the more than 33 million autonomous vehicles expected to be sold globally that year, according to the latest autonomous vehicle sales forecast from industry consultancy IHS Markit.

The 33 million units would be a substantial increase from the 51,000 units forecast for the first year of significant volume in 2021.

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