Invest in transportation disruption

New vehicle technologies and industries are coming faster than you think, and investors will want to get ahead of the major social and economic changes that follow

Yan Barcelo 5 September, 2019 | 1:59AM

Highway

Big changes are coming in the world of transportation that could take us from electric vehicles to autonomous electric vehicles and, ultimately, to a new norm of private transport as a service, eliminating car ownership altogether. These developments will usher in major social and economic changes, and present significant opportunities – and pitfalls – for investors.

“Our mental models about mobility – individually owned cars, gas stations, traffic jams, the driver’s license as a rite of passage – are on the verge of disruption, states a recent McKinsey Quarterly article. Mobility is about to become cheaper, more convenient, a better experience, safer, and cleaner – not 50 or even 25 years from now, but perhaps within a dozen”.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Northern Graphite Corp0.16 CAD6.67
Progressive Corp74.72 USD-0.40
Tesla Inc816.88 USD-1.30
Uber Technologies Inc34.83 USD1.66

About Author

Yan Barcelo  is a veteran financial and economic journalist with more than 30 years of experience, writing for many publications in Toronto and in Montreal, including CPA MagazineLes Affaires and Commerce.