Analysis: Autonomous cars, vehicle electrification driving paradigm shift in auto industry

In a piece for Forbes (7/8, 9.71M), contributor Jack Nerad writes that autonomous driving and vehicle electrification will change the world, according to a report from McKinsey & Company that “identifies the far-reaching and widespread implications of the imminent changes in mobility for consumers all around the world.” In addition, “increased connectivity and a move to vehicle- and ride-sharing” are two other technologies which transform the car business. Nerad concludes that “from the products themselves to the companies that make them to the customers that buy them, the auto industry is in for the paradigm shift of all paradigm shifts.”