The flowers are ordered, the catering deposit has been cashed, and the invitations are in the mail. Let’s face it, the marriage of AI and EV is happening, and sooner than you may think. It’s difficult to imagine just how disruptive their union will be, but that doesn’t mean that we shouldn’t try.
Stanford economist Tony Seba recently hypothesized a complete vehicular renaissance in which petrol and diesel cars vanish in within 8 years. Not only that, but you’re more likely not even going to own a vehicle. Instead, when you need to go somewhere, you’ll order a car service from GM or Ford and your ride will pull up. Think of all the ripple effects. What happens to gas stations? Car dealerships? Aftermarket parts and mechanics? The upside, according to Seba, is that most families will see an annual savings in transportation cost of about $5600. The study is worth a read (visit rethinkx.com for a free download).
This all begs the question of how? Sure, we can scale up production of EV manufacturing, but where do we plug them in? Do we have enough energy capacity to keep them going? This type of challenge is more than simple addition and subtraction. There is a social aspect. Early adopters will gain the greatest advantage. Regions that band together and implement a cohesive approach will serve their economies best.
ProtoGen is thinking broadly about energy and transportation, and their impacts on economic decisions. We are actively looking to bring communities together through vision, strategy and planning.
[Stanford economist Tony Seba] talks about the revolutionary changes soon to be wrought by electrification of the transportation. The study…says that fossil-fueled cars will vanish within eight years and the people who want to buy cars will have no choice but to invest in electric vehicles or vehicles working on similar technologies.