“The car companies have announced $300 billion that they’re investing in making EVs,” says Zoi. “There are going to be 160 new models over the next few years. This is going from crazy boutiques mall to mainstream and consumers are going to love it.”
If you look at Tesla they’re high-tech, they’re beautifully engineered, they’re very disruptive, and they’re premium price, but you only have to get inside a Tesla to recognize it’s not a really a luxury car, says Peter Rawlinson, CTO of Lucid Motors. “It’s a premium car but not true luxury.”
This is the year that many of the technological innovations that Ford has been working on will start to come out. Ford CEO Jim Hackett says that the vehicles of the future will be so intelligent that they could drive themselves.
After 30,000 real-world driverless Lyft test rides in Las Vegas consumers have rated it an amazing 4.95 Out of 5 says Lyft’s Chief Strategy Officer Raj Kapoor. He says that in the last 12 months the system’s gotten smarter and the ride has gotten smoother.
“We think the commercialization of autonomous driving for trucks will probably take place a lot sooner than it will take place in the passenger car vehicle sector,” says Richard Zhang, CFO of Full Truck Alliance.
Toyota has introduced the hybrid P4 concept car that includes increased accident protection that is much “smarter” than its predecessor. Toyota says that with greater computing power, its systems can operate more machine learning algorithms in parallel for faster learning.
The world’s leading automotive alliance, Renault-Nissan-Mitsubishi, is spending a billion dollars over the next five years investing in technology-focused mobility startups. François Dossa, says that they are investing in technologies that will make the mobility of the future.
“Elon Musk has really pushed the industry to embrace electrification,” says former Ford CEO Mark…
The Lamborghini Terzo Millennio is a futuristic electric super sports car that is being researched in collaboration with MIT says Automobili Lamborghini Chief Technical Officer Maurizio Reggiani. He said that one of the key technologies that they are collaborating on is a carbon fiber body panel and chassis that will incorporate battery storage.
Billionaire investor Ron Baron says that by 2030 Tesla could be a trillion dollar company. He says it’s clear that Tesla will be at $60 billion in sales within the next 3-4 years. Baron added, “It’s remarkable what Elon Musk has done.”