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Goldman Sachs Exchanges

Cars 2025 - What Will Drive You?

Goldman Sachs Exchanges

Goldman Sachs

Business

4.41K Ratings

🗓️ 12 October 2015

⏱️ 23 minutes

🧾️ Download transcript

Summary

Stefan Burgstaller, head of European Automotive Equity Research at Goldman Sachs, discusses the innovations that could define the car of the future, including widespread Internet connectivity, the adoption of ultra-lightweight materials and the development of autonomous driving technology. This podcast was recorded on July 21, 2015. This podcast should not be copied, distributed, published or reproduced, in whole or in part. The information contained in this podcast does not constitute research or a recommendation from any Goldman Sachs entity to the listener. Neither Goldman Sachs nor any of its affiliates makes any representation or warranty, as to the accuracy or completeness of the statements or any information contained in this podcast and any liability therefor (including in respect of direct, indirect or consequential loss or damage) is expressly disclaimed. The views expressed in this podcast are not necessarily those of Goldman Sachs, and Goldman Sachs is not providing any financial, economic, legal, accounting or tax advice or recommendations in this podcast. In addition, the receipt of this podcast by any listener is not to be taken as constituting the giving of investment advice by Goldman Sachs to that listener, nor to constitute such person a client of any Goldman Sachs entity. Copyright 2015 Goldman Sachs. All rights reserved.

Transcript

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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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