A changing car industry should result in more choice and better motoring

The road from rickety contraptions of wood and iron to self-driving supercomputers on wheels has had many twists and turns. The latest upheavals are perhaps the most profound since Carl Benz’s brainwave. The size, reach and impact of the car industry on personal mobility will change. If the eventual outcome of today’s trade tensions and subsidy wars is deglobalisation, the arrival of new entrants may raise costs and reduce efficiency, making cars less affordable and the industry less efficient.

Yet a more optimistic forecast is that startups and new Chinese entrants will force every other carmaker to speed up electrification, to bring forward software that makes journeys better, and to provide more ways to use and pay for trips by car. This could forge a new relationship with the car as a pleasant place to work and play as well as a way to get from A to B. .

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The global car industry faces massive upheavalThe next phase of the industry’s history will be one in which tech-centric firms and Chinese manufacturers come to the fore Elektriğin, petrolün yerini alacak olması aslında çok güzel Ama bu yükselisin Çin harici bir ülke ile olmasını dilerdim Çin'de Dünya'yı korkutan bir şey var Gerçek Diktatörlük Gerçek Faşizm Umarım Amerika biran önce aklını başına toplar ve bunun önüne geçer
Source: TheEconomist - 🏆 6. / 92 Read more »

How geopolitical tensions could disrupt the global car industryA more regionalised, more protected and less efficient car industry would not be a better one Better for whom? Wierd country specific cars of the 70s and 80s were pretty awesome. Megaglobo oldsmabuick hondafords platforms are boring.
Source: TheEconomist - 🏆 6. / 92 Read more »