These are the components leading to disruption in the automotive and related industries:
- new technologies and technology convergence: batteries, electric vehicles, self-driving vehicles and solar PV
- business model innovations, transport as a service not individual ownership
- S-curve, exponential growth
- 10x cost/performance advantage, technology cost curves
“Every time in history since the invention of the printed book has a 10x cost advantage lead to disruption… it is essentially a no-brainer.”– Tony Seba
The value in the sector will be mainly in the vehicle operating systems, computing platforms and the TaaS platforms.
Below some screenshots from Tony Seba’s presentations. It is terrible news for the traditional automobile, energy and oil industries but great news for many others and lots of new opportunities will arise.