Elon Musk’s vision of electric self driving cars has won as all major car companies are making multi-billion dollar investments on electric self driving cars. The robotic ride sharing vision of the future has also won as GM and Ford announced imminent robotic ride sharing service launches.
Whatever troubles Tesla is currently having with the Model 3. The future of the Gigafactories is assured.
The flip in strategic position and massive investment push by all car makers means all prior forecasts of the number of electric cars and when self driving cars will arrive are under estimations.
Every new car will at least have autopilot by 2021.
Electric cars will now likely be 20% of all new cars by 2022.
The old forecasts on battery factories are underestimations.
Nearly complete electrification of new cars could occur around 2025-2027. It is a matter of how quickly the supply chain for mining, materials and components will occur.
The race to self driving and self driving ride sharing is also on between Uber, Lyft, Didi, and the car companies and their partners.
GM, Ford, Uber and Lyft are all going for self driving ride sharing electric cars
GM has stated they are shifting to self driving electric ride sharing cars. GM will launch in multiple cities in 2019
Ford created the EV-dedicated Team Edison to develop all-electric cars. Ford will invest $4.5 billion over the next five years on new all-electric and hybrid vehicles, with 13 new models slated for release by 2023. Ford plans a self driving ride sharing service by 2021.
To help speed development of self-driving cars, Chief Executive Mark Fields said Ford is hiking investments in Silicon Valley technology firms, tripling its investment in semi-autonomous systems, and more than doubling the size of its Palo Alto research team while expanding its campus in Silicon Valley.
Uber will buy tens of thousands of self driving cars from Volvo. Volvo will shift production to their own self driving electric cars.
European car makers are going electric and self driving
Japan is going for electric and self driving cars
Toyota and Mazda will produce electric cars in both China and India starting in 2020.
Honda claims its 2022 Electric Vehicles will charge in 15 Minutes.
China is building and selling the most electric cars now and will make electric self driving cars
China had 66,000 electric cars registered in October, 2017. This about four times the level of electric cars sold in October in the USA.
They will create a comprehensive “AI + car” ecosystem in areas such as autonomous driving, car networking and cloud services .
They will explore intelligence upgrades for the auto industry.
Beiqi Group (aka BAIC) is sells the most popular electric car model in China with over 11,000 sold in the month of October.
BAIC has five lines of electric cars and some cars can go up to 400 km on a charge.
Daimler (Mercedes-Benz) will invest $1 billion in an Alabama plant to produce all-electric SUVs and build a battery facility, and $10 billion in EV development overall.
China and India likely to ban gas cars by 2030, France and UK banning by 2040
China, for one, aims to have two million EVs and hybrids on the road by 2019, and India will ban gas-powered vehicle sales completely by 2030. China has not officially announced a date for banning non-electric cars but it will likely be 2030.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.