afransen
Senior Member
Transit is already largely privatized, going forward. Have you noticed that all of our new transit projects are designed, built and maintained by private consortia?
Your question about AV costs can only be speculated upon. But, if you take for granted that existing Tesla vehicles could fill that role, you could extrapolate from that. A Tesla driven 240km per day with an average trip distance of 7 km and average occupancy of 2 passengers (assuming pooled rides) serves 68 trips per day, or 12.5k trips per year. To match the expected passenger volume of Hurontario LRT would require 2560 vehicles. The base model costs around $52k, so this fleet would cost $133M (equivalent to 0.5km of HuLRT). Of course you would need additional infrastructure, such as a maintenance and storage yard, charging infrastructure etc. Put another $150M for that. Of course, the upfront cost is not that relevant, you are more concerned with per trip cost. Let's be conservative and say that these vehicles only have a 500,000 km useful life, or 5.7 years. That's about $0.10/km for upfront capital cost. Let's double that cost to account for maintenance expense and add charging cost at $0.03/km to get a total of $0.25 / km. Split that over average passengers per vehicle, and each 7 km trip costs $0.88. I mean, you can load it up with a 407-level toll per KM and it's still pretty attractive economics.
However, I see it being more a mix of smaller 2 passenger AVs for individual (non-shared trips) as a premium service, and 12-16 passenger minibuses for pooled rides as the equivalent for 'mass transit' bus, but more attractive service proposition than we see today as in more door-to-door (at least within 100m of origin and destination) and with minimal wait time (5 minute) and higher effective average speed. The opportunity isn't really to eat public transit, though that is likely to happen anyway, but to put a huge dent in private car ownership. Multi-car families go to 1 car, and so on. The average private car travels around 18k km per year. 1 AV can conservatively replace 5 personal cars.
Your question about AV costs can only be speculated upon. But, if you take for granted that existing Tesla vehicles could fill that role, you could extrapolate from that. A Tesla driven 240km per day with an average trip distance of 7 km and average occupancy of 2 passengers (assuming pooled rides) serves 68 trips per day, or 12.5k trips per year. To match the expected passenger volume of Hurontario LRT would require 2560 vehicles. The base model costs around $52k, so this fleet would cost $133M (equivalent to 0.5km of HuLRT). Of course you would need additional infrastructure, such as a maintenance and storage yard, charging infrastructure etc. Put another $150M for that. Of course, the upfront cost is not that relevant, you are more concerned with per trip cost. Let's be conservative and say that these vehicles only have a 500,000 km useful life, or 5.7 years. That's about $0.10/km for upfront capital cost. Let's double that cost to account for maintenance expense and add charging cost at $0.03/km to get a total of $0.25 / km. Split that over average passengers per vehicle, and each 7 km trip costs $0.88. I mean, you can load it up with a 407-level toll per KM and it's still pretty attractive economics.
However, I see it being more a mix of smaller 2 passenger AVs for individual (non-shared trips) as a premium service, and 12-16 passenger minibuses for pooled rides as the equivalent for 'mass transit' bus, but more attractive service proposition than we see today as in more door-to-door (at least within 100m of origin and destination) and with minimal wait time (5 minute) and higher effective average speed. The opportunity isn't really to eat public transit, though that is likely to happen anyway, but to put a huge dent in private car ownership. Multi-car families go to 1 car, and so on. The average private car travels around 18k km per year. 1 AV can conservatively replace 5 personal cars.