Autonomous and electric cars, connectivity, and ridesharing are changing the way auto industry players think about value chains, data analytics, and manufacturing.
Asutosh Padhi, a senior McKinsey partner says, “Our view is that the automotive industry will see more disruption in the next ten years than it has seen in the last 50 years. This disruption will be driven by four factors that we call the ACES. It stands for autonomous, connectivity, electrification, and ridesharing.”
Fleet owners are going to make decisions on car buying based on the total cost of ownership, and this is where electrification and ridesharing start to go hand in hand together.
Read the original article at McKinsey & Co.
