Cambridge start-up, WayVe is expected to raise $20m for developing #AV tech that it claims allows #AVs to learn to navigate unknown roads with minimal training. The Telegraph https://www.telegraph.co.uk/technology/2019/08/03/cambridge-start-up-wayve-become-one-britains-best-funded-driverless/ One of Britain’s most promising self-driving car startups is close to securing tens of millions in funding from investors including Lastminute.

McKinsey & Company report projects that global revenues from #AVs in urban areas could reach $1.6 trillion a year in 2030, more than two times the combined 2017 revenues of Ford Motor Company, General Motors, TOYOTA & Volkswagen. Forbes https://www.forbes.com/sites/jacknerad2/2019/07/08/autonomously-driven-electric-cars-will-change-the-world-mckinsey-says/?ss=logistics-transport#3e505f6b4119 Autonomous driving and vehicle electrification won’t just change the way you drive — or don’t

The rise of #EVs could force gas stations across the country to reshape their business model. A new Boston Consulting Group report says that in 15 years, up to 80% of today’s fuel stations “currently constituted” could be unprofitable. E&E News https://www.eenews.net/energywire/2019/07/12/stories/1060727769 The rise of electric vehicles may cause gas stations to shutter across much

Virtually no established industry is ever prepared for disruption — but a series of announcements suggest that the automotive industry is aware of the imminent tech disruption & making efforts to prepare for it. #AEVs Forbes https://www.forbes.com/sites/enriquedans/2019/07/06/the-automotive-industry-is-ripe-for-disruption-we-just-need-to-push-itharder/#5e4372002849 The automotive industry is trying to prepare for disruption, but is going too slow. It might be time

HNTB survey finds #AV knowledge is the key to acceptance — among the Americans familiar with #AVs, 57% are willing to ride in them & 51% believe they are safer than vehicles driven by people. Markets Insider https://markets.businessinsider.com/news/stocks/hntb-survey-finds-autonomous-vehicle-knowledge-is-key-to-acceptance-1028254412

HNTB survey finds #AV knowledge is the key to acceptance — among the Americans familiar with #AVs, 57% are willing to ride in them & 51% believe they are safer than vehicles driven by people. Markets Insider https://markets.businessinsider.com/news/stocks/hntb-survey-finds-autonomous-vehicle-knowledge-is-key-to-acceptance-1028254412

In April, #EV sales in Europe jumped 70% year over year, to some 24,000 deliveries, & were responsible for 65% of all plug-in sales in the month. CleanTechnica https://cleantechnica.com/2019/06/03/electric-vehicle-sales-up-70-in-europe-april-ev-sales-report/ The European passenger plug-in vehicle market scored some 37,000 registrations in April, growing 30% compared to the same period last year, a good performance considering that

Groupe Renault is considering a proposal from Fiat Chrysler Automobiles to merge & form a global partnership aimed towards the future #AEVs market. The new company would displace General Motors as the 3rd largest car company in the world, with a total value on the stock market of $39 billion. The New York Times https://www.nytimes.com/2019/05/27/business/fiat-chrysler-renault-merger.html?action=click&module=Latest&pgtype=Homepage

NIO’s patent applications to the U.S. Patent & Trademark Office suggest that the company has ideas to improve #EV tech — with plans to charge an #EV at voltages up to 8ooV & power bus devices that can handle 800 volts. Forbes https://www.forbes.com/sites/sebastianblanco/2019/05/30/nios-patent-applications-reveal-ambitious-electric-vehicle-plans/#6fcd7a7531ec Taking a quick look at various NIO patent applications shows that the

Do you want to know more about the impact of the impending #AEVs disruption? Download the Rethinking Transportation report to understand the choices that could lead to a more equitable, healthy, resilient & stable society. https://www.rethinkx.com/transportation