The mobility sector is undergoing a major transformation. The automotive industry is investing more in digital transformation, electric vehicles, and autonomy. There are many attempts done in the past too. However, these changes will really happen, and we will see that scaling which we are talking about is it's mostly that we think three things are coming together - Technology, Consumer Needs, and Regulation. There is a big shift in consumer behavior to use different mobility options.

Timo Möller is a Partner and Co-Leader of the McKinsey Center for Future Mobility focusing on strategic questions about the several disruptive trends affecting the mobility industry and the new business opportunities. In his leadership role at the McKinsey Center ...