Self-Driving Cars Aren't Ford's Biggest Challenge

As a result, in recent years many people have found it more appealing to lease new cars. Why commit to owning a car that will run for 11 or 12 years when you can make a less onerous short-term commitment and then upgrade substantially in a few years without paying significantly more. This dynamic is particularly evident when it comes to the most technologically advanced cars, plug-in electrics and battery-powered vehicles. Thanks to rising competition and volumes, and to significant advances in battery design and production, the state of the art is improving rapidly. Thanks to Moore's Law, the minute you bought a PC it was effectively out of date--slower than the one you could buy for less in 18 months' time.