Autonomy Is Ev's Killer App
Paddock magazine|February 2017

Mark Preston is a Formula E Team Principal and founder of Street Drone, not to mention all the years he has worked in Formula 1 with McLaren and Arrows. Today Mark predicts that the application of autonomous technologies will unlock greater efficiency and provide a cutting edge for automotive businesses.

Mark Preston
Autonomy Is Ev's Killer App

Bloomberg New Energy has forecast that global sales of electric vehicles (EVs) will exceed 41 million units by 2040 as the total cost of ownership for EVs will fall below that for fossil-fuel powered vehicles by 2025. Yet, while we have already seen considerable growth in EV sales in recent years, it is their application in partnership with other emerging technologies that will surely unlock their true potential.

Most prominent amongst these emerging mobility technologies is the development of autonomous software – a major investment area for traditional automotive manufacturers and technology companies alike. While the majority of reports on autonomy technology to date have focused on those businesses who are investing in research, it is essential that greater focus is placed on its application to understand its true potential for changing society.

REFLECTING A CHANGING MOBILITY LANDSCAPE

Just this week Germany has announced that it plans to ban the introduction of new vehicles powered by internal combustion engines from 2030, as part of the concerted global effort to reduce carbon emissions, reinforcing the importance of EVs to fulfil our transportation requirements.

In the past 12 months alone, we have seen the EV market shift from the realm of low-production specialist manufacturers, to the core focus of the biggest brands in automotive industry and the future of their product lines.

This story is from the February 2017 edition of Paddock magazine.

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This story is from the February 2017 edition of Paddock magazine.

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