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The Bottom Line

The Future of the Car Industry

The Bottom Line

BBC

Personal Journals, Business, Society & Culture

4.6615 Ratings

🗓️ 11 November 2016

⏱️ 28 minutes

🧾️ Download transcript

Summary

The future of the car industry. How car manufacturers are joining forces with "ride hailing" companies like Uber and why the future might be driverless. Evan Davis and guests discuss.

Disruptive technology has made seismic changes to several business models: think Apple iTunes and the music industry or Netflix and our television viewing habits. It seems that the car industry might be next. Unlike their predecessors, car manufacturers are joining forces with the technology companies. Google with Ford, Uber with Volvo, General Motors with Lyft, pooling their expertise and resources. Joining Evan Davis on the programme are three guests who will talk about the hopes and fears for the industry and what this will mean for the rest of us.

GUESTS

Georg Ell, Director, Western Europe, Tesla Motors

Matteo de Renzi, CEO, Western Europe, Gett

and

Dr. Eberhard Zeeb, Senior Manager, Function and Software Driving Assistance, Daimler

Producer: Julie Ball.

Transcript

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0:00.0

Thank you for downloading this program.

0:02.3

In this edition of the Bottom Line, we're talking about the future of the car.

0:06.8

Will it be driverless?

0:08.4

And what are the implications?

0:10.5

Hello and welcome to the Bottom Line.

0:12.8

Right now, we're perhaps poised at a moment of transformation in the transport industry,

0:17.6

not seen since the invention of the combustion engine.

0:21.2

Technology is driving it, aided by social change as well, and so today we're looking at the

0:26.8

future of the car.

0:28.3

Now, it's a measure of how everyone is feeling their way that we've had an extraordinary

0:32.1

flurry of alliances between car manufacturers and technology companies or cab apps, Uber and Volvo, Google and Ford,

0:42.5

Lyft and General Motors, and Volkswagen and the app Get. Well, my three guests will be able to

0:50.1

talk us through what is going on, the hopes and fears of those in the industry, and what it means for the rest of us.

0:56.2

So let's meet them. And my first guest is Georg L, who's Tesla's director in Western Europe.

1:02.4

You've been there two or three years. So just for people who haven't followed the Tesla's story, Georg, tell us a little about the company.

1:09.6

And Elon Musk, it's very charismatic

1:11.7

founder. So Tesla was founded about 12 years ago in California. We built the world's first and only

1:17.7

premium fully electric cars. We've about 160,000 cars on the road that have done collectively

1:24.7

just over 3 billion miles, one and a half billion of

1:28.8

which is driven using our autopilot technologies.

1:31.4

Right.

1:32.0

And Elon's an extraordinary chap who from a very early age decided he would invest in a number

...

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