Biggest threat to Ford? Not GM, but Silicon Valley - CBS News
Ford just replaced their 28 year company veteran & CEO because they wanted a more innovative CEO who could promote electric and autonomous vehicles.. I still say 10-15 years and the bulk of cars on the highway will be electric and autonomous..
I think the electric/autonomous will come at the same time because we are in the middle of major transportation shift to electric and they will phase in the autonomous at the same time.
I think we will also see a major shift away from car ownership for people in big cities. When services like uber/lyft are being run with autonomous cars it will be the norm to just take use that instead of your own car because they will get it down to 5 min or less wait time in bigger cities. This will spread to large to med sized cities and suburban metro areas.
We are now at the same cross roads which happen 100 years ago when the gas powered car replaced the horse & buggy.. Who would have ever thought that just a mere hundred years ago the main mode of transportation was a horse & wagon.. with trains powered by steam..