this post was submitted on 20 Jan 2024
230 points (88.3% liked)
Technology
59342 readers
5233 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This is the best summary I could come up with:
"Maybe they don't want to drive because they're looking for a sustainable option, such as public transportation, ride-sharing, or e-scooters," McKinsey analysts wrote.
"It's also possible that a sputtering economy and inflation tinged their entry into adulthood, discouraging spending on big-ticket items such as cars," McKinsey said.
But McKinsey analysts point out that previous generations of Americans had also appeared less interested in driving but went behind the wheel of cars eventually.
"It's too early to tell whether the no-driving trend will hold with Gen Z, especially given the changes happening in the mobility and automotive markets," McKinsey analysts pointed out.
The automotive industry is changing with the mainstreaming of the so-called shared mobility market, which includes car ride-sharing, scooters, and in the future, self-driving automobiles.
"And for those Gen Zers who decide that driving just isn't for them, they can keep themselves busy with TikTok in the passenger seat—or get behind the wheel in the metaverse."
The original article contains 459 words, the summary contains 157 words. Saved 66%. I'm a bot and I'm open source!