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Reinventing the wheel - Pictet Asset Management

The arrival of electric and autonomous cars will change far more than the auto industry.

Posted on Feb 10, 2021

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... The switch from horse-drawn to motorised road vehicles a century ago transformed the world’s cities in ways and to an extent few could have predicted.

Mobility is changing again in the early 21st century, from fossil fuels to electric batteries and from human operation to autonomy. And as before, the shifts will cause surprising and significant consequences reaching well beyond the car industry.

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