30 Sep '16, 7pm

‘Mobility’ Could Be $5 Trillion Industry in 10 Years but the Costs Projected To Be High https://t.co/mzFRACX0cN

‘Mobility’ Could Be $5 Trillion Industry in 10 Years but the Costs Projected To Be High https://t.co/mzFRACX0cN

Market value will be enormous for the global mobility industry – about $5 trillion over the next decade, an industry executive said. Andreas Mai, who recently served as the director of smart connected vehicles at Cisco Systems, estimated that $5 trillion will come from autonomous vehicles, ride-sharing networks, and connectivity. Maj spoke Thursday during the World Mobility Leadership Forum in Romulus, Mich. Mai sees the additional value of mobility being created from the transfer of the market from one stakeholder to another. “Some people will lose,” Mai said during the conference. Automakers are trying out new business models to build alternative revenue streams and technologies. Mobility services and technologies is a fast-changing landscape for automakers as they compete with technology giants and startups. Ford Motor Co. recently acquired shuttle service Chariot and f...

Full article: http://www.hybridcars.com/mobility-could-be-5-trillion-in...

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