- There are three trends of huge importance in the car industry: electric drive, autonomous drive, and transport as a service.
- It’s important how this could impact margins and sales.
- A trend where everything becomes cheaper isn’t a trend you want to be invested in with a few exceptions.
This past weekend, I discussed Ford from a cyclical sector perspective but there is so much going on in the automotive sector making it a much different environment from what it has been in the last 100 years.
Today, we’ll discuss what’s changing in the automotive industry and how that will impact producers over the next 10 years. The secular trends I discuss in this video are the shift from internal combustion engines to electric-powered, the shift from active-drive to autonomous, and the shift from user-owned to drive-for-hire services, think of Uber, Lyft, Didi, etc. More →