We believe the leading electric vehicle players will redefine the relationship between carmakers and consumers, driving a major transformation of the auto industry.
- Fully connected, smart electric vehicles (EVs) promise to revolutionize the industry’s 100-year old business model by fundamentally changing the relationship between the car owner and the automaker.
- These EVs offer the potential for auto manufacturers to expand the revenue and cashflow streams they derive from each car beyond the point of sale—from software subscriptions to insurance.
- We believe full self-driving (FSD) will make the full monetization of cars possible, and we expect implementation within a decade.
