This is what is so exciting at present. Trying to predict the future of mobility itself is somewhat easier than trying to predict who will be the dominant players, particularly in the passenger car or automotive sector. We all accept that Tesla has changed the game. Opinions differ on their ability not to go bankrupt any time soon. When you see start ups like Tesla, NIO and Byton raising so much capital, and creating amazing cars, from almost nowhere, in automotive terms, it must strike fear into the existing OEMs with legacy supply chains, and ICE focused investments, mentality and operations. Which will be the 'Kodak' or 'Nokia'. More than one I expect. One thing for sure, Hyperion Executive Search will be working with the winners!
According to Byton, the plan is to built its first vehicle in Nanjing: “It it will be available in China near the end of 2019, with the United States and Europe to follow. First models will be partially autonomous, providing advanced driver assistance systems, with full autonomy to be enabled from 2020 through a software upgrade.” Byton CEO and co-founder Dr. Carsten Breitfeld was enthusiastically quoted as saying: “By combining our expertise in R&D and traditional car-making with innovative Internet technologies, we aspire to pioneer a smart mobility revolution.”