“Given the changing supply chain as the industry transitions to electric from transmission powered vehicles and eventually to autonomous, we see the opportunity for technology vendors, including Google and Apple to dominate.”
Morgan Stanley analyst Katy Huberty sees the two companies lead the electric car race, while others from the smartphone business will, too, focus on this new branch of technology.
“We calculate that to meet the targets, BMW, Audi and Volkswagen will need 25 percent of their European registrations to be of cars with alternative engines in 2021.”
This line is straight out of report from PA Consulting, which says German manufactures, especially BMW and Volkswagen, are at risk of not meeting and could need to pay up to 1bn dollars if they fail.
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