The Road to a Disrupted Car Industry
A lot has happened to the car industry since Ferdinand Verbiest built a steam-powered vehicle around 1672 as a toy for the Chinese Emperor. As this report explains, new entrants and technologies are poised to upset the entire value chain, with a completely different business concept.
Yesterday is was revealed that a testing ground for self-driving vehicles will be backed by $10M, while Wall Street attacks America's car culture and taxi drivers are still up in arms because of Uber. But the world will move on, as it always has done.
Take a broad look at how the car industry is being disrupted by digital along with new opportunities for car manufacturers.