Climate Changed
How Electric Cars Can Create the Biggest Disruption Since the iPhone
- Combination of self-driving, on-demand tech could boost growth
- Big Oil may take a hit as people choose new ways to travel
What Electrification Means for the Margins on Cars
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It’s been 10 years since Apple Inc. unleashed a surge of innovation that upended the mobile phone industry. Electric cars, with a little help from ride-hailing and self-driving technology, could be about to pull the same trick on Big Oil.
The rise of Tesla Inc. and its rivals could be turbo charged by complementary services from Uber Technologies Inc. and Alphabet Inc.’s Waymo unit, just as the iPhone rode the app economy and fast mobile internet to decimate mobile phone giants like Nokia Oyj.