Sponsor: Florida Department of Transportation
Performance Period: January 2018 – May 2019
There is high uncertainty regarding how AV and AFC technologies will develop, when their acceptance in the marketplace will occur, what additional investments may be needed to facilitate their adoption, what potential savings may be realized, and when during the continuum from initial entry to potentially full market adoption, the investment costs and cost savings may be realized.
The objective of this project was to conduct a comprehensive market penetration analysis of autonomous and alternative fuels vehicles and their impact on the Florida Department of Transportation (FDOT) sources of revenue. The study’s results will assist FDOT in responding to the implementation of autonomous and alternative fuel vehicles and to address FDOT future transportation funding needs and revenue requirements as market penetration rates are achieved.
The research produced high, medium and low projections market penetration rates for autonomous and alternative fuel technologies, and identify potential investments needed and cost savings accruing to
FDOT and the approximate time periods for each during their respective anticipated roll out periods. The study estimated the impact to current motor fuel based revenue sources and prepared a set of revenue measures that addresses FDOT transportation funding needs. The effort identified policy considerations for further development by FDOT and policymakers for transportation infrastructure design, construction, maintenance, operations and funding purposes as specific technologies are implemented in the marketplace and their consequences are better understood.