How fast is disruption reshaping the personal-mobility landscape, and what will new value pools look like as the ecosystem evolves?
What a difference a few years makes—the automotive sector is changing, and it’s changing fast. Start-up CEOs have risen as superstars of the industry almost overnight.
Artificial intelligence is poised to become a base technology for every engineering department.
Automotive OEMs are exploring other parts of the ecosystem, even taking part in conferences once aimed squarely at the film and music industries. Consumers talk more about systems and technologies embedded in cars than about horsepower. And investors have taken the wheel in shaping the mobility system in certain countries
Would anyone have envisioned all these shifts happening by 2017?
For more than two years, the industry has been talking about the four disruptive trends changing the rules in the mobility sector: autonomous driving, shared mobility, connectivity, and electrification. A McKinsey report from January 2016 integrated the impact of these trends into a single picture for the first time.
To read more of the original article, go to McKinsey & Company.