Thank you for following our weekly ramblings on the future of auto tech — we look forward to having you as clients!
Auto repair for dummies
Amazon has steadily encroached on a wide range of new industries, striking fear into the hearts of incumbents across the board (its February healthcare announcement with Berkshire and JP Morgan demolished $30B in market cap for healthcare companies in intraday trading).
Last January, auto parts resellers were similarly rattled by news that Amazon was striking deals and eyeing expansion in the automotive aftermarket.
Paul Asel, Managing Partner at NGP Capital, takes a look at the growing ecosystem of transportation-as-a-service in our newest guest post. Along with the usual suspects in autonomy and ride-hailing, the emergence of last-mile mobility solutions is clearly trending.
The future of power
Just like established players in the automotive industry, energy and utility stalwarts are also reacting to the shifting tides of alternative energy and projected growth in electric vehicle demand.