Three major technological changes that are going to redefine the automotive sector and change our lives

Initially, the arrival of the electric vehicle will create two types of car-owners, not so much because of the price of electric vehicles — which will fall, as economies of scale and competition come into play — but because of the limited availability of garages. Buying an electric vehicle when you have nowhere to charge it makes no sense, so for a time, there will be the haves and the have nots. The have nots will continue to use their traditional vehicles for as long as possible, until increasingly stringent emissions laws will mean they have to be scrapped.

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