University of Worcester Worcester Research and Publications

Global Auto Sector Entering Innovation Renaissance.

Walton, Nigel (2014) Global Auto Sector Entering Innovation Renaissance. The Oxford Analytica Daily Brief.

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The global automotive industry is currently investing more money in research and development (R&D) than at any other time in its 110 year history. New developments in autonomous/driverless cars, hybrid and electric vehicles and Internet-enabled automobiles, has resulted in record levels of innovation. As if this wasn’t enough, a new form of business model innovation was announced recently when Silicon Valley entrepreneur and founder of Tesla Motors, Elon Musk, announced his intentions to adopt an `open source` platform approach in order to scale-up the future development of electric vehicles.

Item Type: Article
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Uncontrolled Discrete Keywords: automotive industry, driverless cars, technology
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management
H Social Sciences > HE Transportation and Communications
H Social Sciences > HF Commerce
T Technology > T Technology (General)
T Technology > TL Motor vehicles. Aeronautics. Astronautics
Divisions: College of Business, Psychology and Sport > Worcester Business School
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Depositing User: Nigel Walton
Date Deposited: 12 Sep 2014 16:34
Last Modified: 17 Jun 2020 17:04

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