If cars are becoming computers, and computers are primarily utilities, what does that mean for the automotive industry in the future?

Vehicles damaged by internal combustion engines (ICCs) are being evacuated by electric vehicles (EVs) basically by computers related to battery-powered drive trains.

The technology at work, of course, is not as simple as it sounds.

Ask General Motors if Chevrolet Bolt EVs are accidentally exposed to flames to prevent their owners from staying indoors. And with 11 crashes, including automotive technology since the beginning of 2018, federal regulators are now questioning whether Tesla is misleading consumers by calling the driver support system “autoplot.” Obviously, if building the perfect EV is the first step, the bolts will not burn randomly and Tesla would be better off driving in the dark.

Stephen Gray [ Provided ]

But the complexity is fading, and many of the basic technologies that make EVs work – batteries, chips, electric motors, sensors – are rapidly expanding and becoming more general. See how fast-paced manufacturers of electric cars have come to the forefront. The whirlwind associated with electric motors means that whipping, which you can only get once you pay only $ 100,000, will soon be a step in the right direction, according to the new rules. Locomotive is being over-equalized.

This does not mean that many homeowners care.

No one will lift their noses out of their smartphones as the technology has shifted from the occasional attempt to kill us to the point of being able to do so. If that is an over-the-top ring, think about how many people are looking at their phone right now , You still take full responsibility for not killing a car. Most of us would not be if we had not been told to focus on the wheel. Why waste your time no I do not Do something else? (Don’t have a Twitter feed to stay on?)

If this is a bold new world, how can the car industry convince us to pay for these transportation devices?

The most convincing argument is very clear – we always have.

No one has the wisdom to play on our social insecurities better than luxury car brands. In the off-course-don’t-try: you have seen a business stop at a quiet place with a quiet man / woman at the speed of this house. A speaker hides in a calm, confident tone:

“You have made your way straight,

Because for people like you,

Freedom A is not Word,

Is a Life style. ”

Yes, Matthew McConnell could sell the air conditioner to a polar bear.

Still, it is hard to believe that effective democratization will not lead to some inflation. If you could buy a comfortable, quiet, super fast electric car in a good range for about $ 35,000, why pay $ 100,000? (If that price tag is questionable, high performance, long distance version of P7 electric sedan imported in China. A year ago It starts at $ 34,000 on Xpeng and goes from 0 to 60 in 4.4 seconds. (And many commentators say that Tesla has a much better interior than the comparator.)

The Chinese competition is just beginning. And they are throwing in the billions.

Again, only a fool would underestimate the power of marketing (pet rock, anyone). But one of the reasons Karsal companies have taken over is because many young people do not see vehicles as proof or extension of ownership. They are Transportation only.

If you can find a car that can speed up the $ 35,000 nausea, if it is quiet and self-driving, what can car manufacturers offer to encourage you to spend two or three times?

The constant transition to a more complex and complex future is a question of survival for an already damaged industry.

The fact is, despite the advances in technology, EVs require far fewer parts than comparable ICE vehicles. While petrol-powered vehicles typically use about 30,000 units, EVs need about half of them. The total drive of the electric car uses less than 20 motors (most electric vehicles do not have equipped transmissions). Optimal performance is difficult, but the battery and engine technology that made EVs commercially viable continues to grow at an astonishing rate.

Unfortunately, for the workforce, only a small percentage are people.

In Japan alone, the rise of EVs is expected to eliminate 84,000 seats by 2050, more than 10 percent of the 686,000 jobs in automobile production. Earlier this month, more than 2,000 workers from Japan’s Honda Motors applied for early retirement, as the Japanese automaker adjusted its workforce to convert its products to more electric vehicles. At least 215,000 jobs are expected in Germany by 2030 – about 40 percent of the 613,000 jobs associated with domestic combustion engines.

For workers employed in the industry, the use of labor force is in line with vehicle design mechanization: it takes only 10 people to build a gas-powered unit for an internal combustion engine, but only one to produce an electric motor. .

It is a fundamental change that already sends huge shock to every corner of the industry, both top and bottom. Distributors now say that the mechanical simplicity and natural reliability of electric vehicles as well as their main source of revenue – service and maintenance – is also going to take a lot of courage.

That low hum sound that he feels as he passes EV is a deep, tragic change. How strange is the silence, the sound of ICE’s age coming into the dark…

Steven Gray is the CEO and Chief Investment Officer of Tigray Value Management LLC in Jupiter.