Electric Car Game
The future of electric car market is bright and there are not much players in the game yet. Countries know the climate change is real and we need to go solar – go electric and use clean energy – and that’s the future.
The automobile manufacturers have been researching for decades to build electric cars but that wasn’t easy – not until 20th century. For the past decade the number of electric car makers has increased dramatically since the Tesla launched it’s first prototype in U.S.
Seeing the newly opened market as an opportunity the big IT giants couldn’t wait to dive in and to make their fortune. Companies like Apple and Facebook burned billions to take part in the game.
U.S. Companies (Car makers & IT Giants)
Tesla is threat for all automobile manufacturers since the day it launched its first electric car (Mode S – launched in 2012) that was a huge success for Tesla and it warned every big player from that day. After that Tesla Model X & Model 3 launched in 2016 and 2017 respectively.
Tesla do not care about tech giants getting in the electric car game. Elon Musk isn’t afraid of competitors at all, he said, “there’s only one company we are worried about, we don’t care about others because they are not ‘car companies’ instead tech giants” – everyone knows he was pointing towards Apple & Facebook.
Ford is a car company and it has been developing hybrid – not all electric ones. The only all-electric cars that Ford currently sells are compliance cars built on existing gas-powered platforms. Earlier this year, the automaker announced that its first all-electric car built to be electric from the ground up will come out in 2020.
General Motors will start selling a tiny electric car in China this week that will cost about $5,300 after national and local electric vehicle incentives.
Fiat Chrysler Automobiles revealed an electric concept vehicle at CES on early this year that is designed to suit the wide-ranging needs of millennial car owners.
Over the past year and a half, however, it’s become more clear that Apple is indeed working on a car of some sorts under the “Project Titan” and the company has not publicly admitted yet. But the rumours are true that Apple is actively involved in making it’s bet on electric cars. Apple’s vehicle project, focused on building an autonomous driving system.
Electric cars market is just rising and none has acquired it yet, there’s plenty of room for new players. And Facebook knows better, early is good – that’s why the company is also getting in the game before its too late.
Speaking at the Frankfurt car show, Facebook’s chief operating officer “Sheryl Sandberg” said Thursday she’s issuing an invitation to work with automakers on topics including artificial intelligence and bringing the industry up to speed on digital tools.
We’re the only company in Silicon Valley that’s not building a car,” Sandberg said. Facebook is really after car makers to work collaboratively
Uber former CEO Travis Kalanick has been secretly working with private people to work on electric cars and self driving (driverless) cars. He wanted to compete with Elon Musk’s Tesla. The emails got leaked on social media.