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Here's an analysis on the impacts that reduced car ownership and increased EV market share will have on the transportation and energy industries. If this comes
by jlj 10y ago
Here's an analysis on the impacts that reduced car ownership and increased EV market share will have on the transportation and energy industries. If this comes true, Tesla, Uber, ReachNow, and company may do for those industries what Amazon did (and is doing) for publishing and retail.
http://markmancapital.net/blog/2016/10/27/auto-industry-faces-existential-challenge http://markmancapital.net/blog/2016/10/27/auto-industry-face...
"Morgan Stanley analysts think autonomy is the tipping point. “We believe shared and autonomous cars can deflate the cost per mile to as little as 20 cents, triggering a doubling of global miles travelled by 2030,” Jonas says.
At that cost, it no longer makes sense for consumers to buy vehicles. So, auto dealerships no longer make economic sense. The business-to-consumer auto insurance model collapses, given diminished risk. Ride-hailing, especially for groups, becomes cost competitive with short, regional air travel. Skippingthe TSA lines is an added bonus. Public parking spaces become mostly obsolete, yielding huge swaths of valuable urban real estate. And the economics of electric vehicles for fleets hastens the migration away from fossil fuels, leading to an energy glut and more heavily taxed electricity infrastructure."