4.4 • 1K Ratings
🗓️ 12 October 2015
⏱️ 23 minutes
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0:00.0 | This is exchanges at Goldman Sachs where people from our firm share their insights on developments |
0:14.3 | currently shaping markets, industries, in the global economy. |
0:17.4 | I'm Jake Seawert, Global Head of Corporate Communications here at the firm. |
0:21.8 | Goldman's research department recently put out a new report, Cars 2025, |
0:26.0 | that's gotten a lot of people talking. |
0:29.0 | The report identifies four themes and seven mega trends |
0:32.0 | that are expected to redefine the car |
0:34.7 | industry and the car of the future. I'm joined today by one of the authors of the |
0:38.6 | report, Stefan Bergstahler, who leads the European Automotive Equity Research Team here at Goldman Sachs. |
0:44.3 | Stefan, welcome to the program. |
0:45.7 | Jake, thank you much. |
0:47.1 | Stefan, let's start with the title of the report, Cars 2025. |
0:50.2 | Why are the next 10 years so significant for the car industry? |
0:54.0 | Well in the report we highlight four key themes and seven powerful make a trends. |
0:59.0 | We believe we have a transformational mark on the global and motive industry over the next decade. |
1:04.7 | But at the core we see three disruptive changes accelerating simultaneously over this period. |
1:10.2 | One, zero emission mobility, the aggressive tightening of global emission standards. |
1:15.0 | This will drive costly proliferation of alternative power drain technologies |
1:19.4 | beyond internal combustion engines to hybrids, plug-in hybrids, electric and even fuel cell vehicles. |
1:25.0 | Two, autonomous driving. |
1:27.0 | This is reality already today. |
1:29.0 | The next decade will see the diffusion of autonomous vehicles. |
... |
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