Mobility Technology
The $7 trillion transportation industry is ripe for transformation given technological advancements in batteries, sensing equipment, vehicle light-weighting, silicon carbide efficiency gains, connectivity, and processing power that are enabling electrified and autonomous vehicles in the future. We see the pace of vehicle electrification proceeding faster than many investors expect. We see the 2022-2025 window in time as the period when the proverbial “hockey stick” of demand begins to accelerate.
What we’re watching:
- Declines in renewable energy costs
- Improvements in battery density
- OEM investments
- Partnerships
Related themes:
2023
Electric vehicles become cheaper than internal combustion engine vehicles
2025
Autonomous vehicle era begins to ramp up
2030
Electric vehicles reach 25.7% penetration
We see the pace of vehicle electrification proceeding faster than many investors expect. We see a great deal of change in the early 2020s for the Mobility industry, leveraging technology to shift to a safe, green and connected ecosystem.
Jeffrey Osborne, Future of Mobility Primer