Technology Stocks : Driverless autos, trucks, taxis etc.

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From: Sam7/11/2017 7:06:15 PM
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For Bosch, The Path To Automated Driving Is Paved With Partnerships
Doug Newcomb, Contributor
Jul 10, 2017 @ 01:00 PM 711

Many recognize that this is an extraordinary time in automotive, and industry leaders like GM CEO Mary Barra and Daimler chairman Dieter Zetsche have gone on record stating that the car business will change more in the next 5 to 10 years than it has in the last 50. Signs of this are everywhere: from the velocity of self-driving car development to AI startups being acquired for billions of dollars to a shift from individual car ownership to personal mobility solutions.

We’ve also never seen an era in automotive in which partnerships have become so plentiful and essential. While platform-sharing and technology alliances among OEMs weren’t uncommon in the past, for decades the automotive ecosystem was largely limited to tier-ones and smaller suppliers further down the food chain.

But the rapid and disruptive nature of technology, particularly around the development of autonomous vehicles, has changed this and we’re now seeing an unprecedented number of partnerships, especially among tier-one suppliers. For example, Intel recently teamed up with Delphi after acquiring Mobileye and previously partnering with BMW. More recently, suppliers Autoliv, Hella and ZF partnered with rising chipmaker Nvidia, which this year also simultaneously formed alliances with Here and Bosch.

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