Good read from Bloomberg NEF analysts on likely massive transformations .... with growth of electric, digitally connected vehicles.
LIEBREICH AND MCCRONE: ELECTRIC VEHICLES – IT’S NOT JUST ABOUT THE CAR
The article briefly outlines major transformations brought about by the widespread adoption/innovation/use of mobile phones (and increasingly, renewable energy).
They use these to illustrate the potential scale/massive change, disruption re their predictions for growth/uptake of electric vehicles and likely impacts of EVs in the global economy eg. infrastructure, cities etc.
Another relevant thread in this forum deals with autonomous vehicles and various pilot schemes, including one in SA.
This article covers wide-ranging major economic phase change predictions
(where) ... 'results rip through the whole economy and can have impacts on the societal scale.'
Including...For all the seismic shifts electric vehicles will bring to the car industry, as with mobile phones and cheap renewable energy, as with all transformations in major economic sectors, some of the biggest impacts may be felt in other parts of the economy....
1. Auto supply chain
2. Dealer networks
3. Electricity system
4. Oil companies/exporters
5. Road and charging infrastructure
6. Cities
7. Other transportation sectors
8. Ministries of Finance
Uber-like innovations, changing lifestyles, needs and thinking, technology, jobs, the sharing economy ... Interesting times.
Bloomberg NEF:... if our predictions for the uptake of electric vehicles are anything like correct, there is no part of the global economy which will not, in some way, be affected.
https://about.bnef.com/blog/liebreich-m ... -just-car/