4.6 • 854 Ratings
🗓️ 6 December 2018
⏱️ 40 minutes
🧾️ Download transcript
With electric scooters and bikes beginning to line the streets of major cities across the country, micromobility has emerged as the newest trend in transportation. Motley Fool Senior Auto Analyst John Rosevear joins the show to break down the trend, the major competitors, and the opportunities and risks present in the space today.
Stocks Mentioned:GM, F, XIACY
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| 0:11.1 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day. |
| 0:18.0 | Today is Thursday, December 6th, and we're discussing micro mobility. |
| 0:21.0 | I'm your host, Nick Saipel, and today I'm joined by Motley Fool senior |
| 0:24.0 | auto analyst John Roosevelt Skype. |
| 0:25.8 | How you doing John? |
| 0:27.1 | I'm doing well, Nick, how are you? |
| 0:28.7 | I'm doing great. |
| 0:29.3 | You know, we were just talking about before the show. |
| 0:31.0 | There is just so much news going on and auto space and |
| 0:34.4 | the micro mobility space so we've got a lot to talk about today but but first off I |
| 0:38.5 | just want to ask you about Waymo. Waymo yesterday opened up it's a Waymo One ride sharing service to the public in Arizona. |
| 0:46.8 | What's kind of your instant reaction to that and thoughts going forward? |
| 0:50.6 | My first reaction is, well, the strong hint was they were going to do something by the end of 2018, and they have. |
| 0:57.0 | We have to be careful calling it autonomous because these vehicles do have human drivers monitoring the system. |
| 1:03.2 | We don't like to say something is fully level four autonomous if there's a backup |
| 1:07.8 | driver ready to grab the controls. |
| 1:10.0 | But certainly this is a prototype of what they hope will become a level four system soon. |
| 1:16.5 | My reaction is it's interesting, it'll be very interesting to watch how the public reacts to this. It will be interesting to see what Weimo has to say |
| 1:27.2 | about when the human drivers will be going away they are they're number one They have done it before anybody else. GM has been talking for a while about doing it next year |
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