What does the transition to electric cars actually mean for the automotive industry? ( Part II)
By 2030, electric vehicles (EVs) are projected to account for over 60% of global vehicle sales, necessitating a significant increase in the installation of charging stations within buildings and basically everywhere, as reported by the International Energy Agency. The trend is already here, as can be seen in Figure 1 below: Figure 1: Electric car […]
Xiaomi is officially in the EV business
The first time I saw their EV sedan called “SU7” I thought “Hey, look, a Porsche Taycan!”. There is no secret that Chinese companies are stealing design besides Intellectual property. (see picture below) Now, those who follow this newsletter know by now that the transition to EV means a once-in-a-decade shift: ICE competitive advantage: proprietary […]