Radar, the Car’s Virtual Eye
●The proliferation of advanced driver assistance system (ADAS) technologies, with the prospect that eventually autonomous vehicles (AVs) will be licensed for operation on public roads
●Electrification
●Mobility-as-a-service, which is challenging the traditional concept of individual car ownership
■The importance of these trends is reflected in a comparison of the market capitalizations of Tesla, which makes fewer than 400,000 vehicles a year, and Ford. Tesla bases its strategy on a series of innovations in battery-powered traction, autonomous driving, and robotaxi capabilities to support Tesla-branded ride-sharing services.
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