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Top 7 mobility companies of the future to watch for in 2017

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A transformation is taking shape in the auto industry led by technology-focused companies looking to upend all facets of design, powertrains, vehicle ownership, and sales and distribution, as we know it. Tesla has spearheaded this movement towards the electrification of vehicles, while priming the market for a shared vehicle ownership model to come. Joining the Silicon Valley-based electric car maker is another technology company, Uber, looking to become the transportation of the future, sans vehicle ownership.

The automotive industry has just begun its transformation into the mobility industry, and it is important to understand who is leading the pack in innovation.    

#1 Tesla

The future mobility industry is being led by Tesla through their fleet of long range electric vehicles – currently having the longest range electric car in the industry – and its Autopilot driver assistance technology. Having the most advanced battery and motor technology in the world, Tesla continues to do a land grab of market share in the automotive market. With planned introduction of Model 3 this year into consumer hands, Tesla is poised for massive growth as it ventures into mass market territory. The company also has billions of miles of data collected through its fleet of vehicles and looks to grow a self-driving market powered by Tesla innovation.

What to watch for in 2017: Fully autonomous vehicles, Model 3 production, improved Supercharger technology with faster charging speeds.

#2 Uber

Uber has grown rapidly in 2016 and is now one of the most recognized startups in the world. Uber’s software algorithms help move millions of people per day and provides a source of income to thousands of workers globally. With Uber’s recent movement into self-driving technology, Uber could emerge as a complete replacement to vehicle ownership. Additionally, Uber acquired Otto in 2016 for $680M, a company that has helped Uber with their self-driving efforts while looking to bring autonomous driving technology to the trucking industry.

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What to watch for in 2017: More self-driving cities, entrance into the trucking industry, expanding delivery service.

#3 General Motors

Under Mary Barra’s leadership, GM has transformed itself over the past three years to expose itself to autonomous driving, electric vehicles, and the shift in car ownership. Just this month, GM shipped the Chevy Bolt, a low-cost, long-range electric vehicle. While it is still to be seen whether the Chevy Bolt will be successful, GM has been investing in a variety other innovative areas.

GM has asserted itself as a major player in the car-sharing and ride-sharing industry. In 2016, GM launched a “personal mobility” brand, Drive Maven, which allows people to rent a car on an hourly basis. GM has launched the brand in 12 cities across North America and is investing heavily in growing the brand. GM also invested $500M into Lyft and partnered with the company to provide easier access to vehicles on the platform. In addition to their investment in Lyft, GM also acquired self-driving start-up, Cruise Automation, for $1 Billion in cash and stock. Clearly, GM has been very busy in order to stay relevant and has asserted themselves as the leader of traditional automaker industry.

What to watch for in 2017: Chevy Bolt production, expansion of Maven, more advancements with Cruise’s self-driving technology.

#4 Lucid Motors

Lucid Motors has been hard at work for over ten years to develop their first production vehicle, the Lucid Air. The company promises a large luxury vehicle with 1,000 hp and 400 miles of range. While the claims might seem lofty, Lucid is poised to become a very dominant force within the new era of electrification. They are the most likely start-up automaker to make it to production in the next few years. The company has raised over $130M and has quietly begun construction of their factory in Arizona and aiming for a production run of 10,000 vehicles in 2019. Lucid’s CTO is the former vice president of vehicle engineering at Tesla Motors and was involved in the development of the Model S.

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What to watch for in 2017: Factory development, more details, and pricing on the ‘Air’

#5 NextEV (NIO)

NextEV is the newest start-up automaker to enter the EV space and has developed advanced technology to assert themselves in the market. Founded in late 2014, NextEV has raised upwards of $500M and has brought on a veteran technology executive as their CEO, Padmasree Warrior, who’s the former CTO of Cisco and Motorola. The company participates in the Formula E electric car racing series. In November 2016, the company rebranded itself as NIO.

NIO has already built and tested its electric supercar the EP9 that broke the electric vehicle lap time at the famed Nürburgring course. The company is looking to launch a consumer electric car brand focused on a different style of ownership.

What to watch for in 2017: Advancements with the EP9, more details on the consumer vehicle, development of their factory in China.

#6 Volvo

Volvo surprised the automotive industry when they emerged in 2015 with the brand-new Volvo XC90 built on advanced engineering and technology. The XC90 went on to win Motortrend’s SUV of the year and numerous awards. Not only is the XC90 a fantastic refresh of the Volvo brand, but the vehicle also has a new powertrain combined with autonomous driving technology.

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Uber self-driving pilot program in San Francisco

Volvo formed a partnership with Uber in August of 2016 to collaborate on self-driving technology. Volvo’s partnership with Uber is a major win for the brand as it moves forward to reinvent the aging brand.

What to watch for in 2017: New generation S60/XC60, full self-driving technology, electrification of vehicle lineup.

#7 Faraday Future

Faraday Future has entered 2017 swinging straight at Tesla with the FF91. The company claims a 0-60 time of 2.39 secs on the FF91 which is nothing short of impressive. Faraday has lofty goals to become a major transportation and entertainment ecosystem through a vast fleet of electric mobility vehicles. However, amid reports of financial issues taking place within the organization, the company is quickly adjusting its stated manufacturing plans and realigning its finances. Faraday Future seems to be back on track.

What to watch for in 2017: More details and pricing on the FF91, development efforts on the factory, advancements in self-driving technology.

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Christian Prenzler is currently the VP of Business Development at Teslarati, leading strategic partnerships, content development, email newsletters, and subscription programs. Additionally, Christian thoroughly enjoys investigating pivotal moments in the emerging mobility sector and sharing these stories with Teslarati's readers. He has been closely following and writing on Tesla and disruptive technology for over seven years. You can contact Christian here: christian@teslarati.com

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Elon Musk just revealed more about Tesla’s June Robotaxi launch

Tesla CEO Elon Musk gave more information about the Robotaxi launch in Austin set for June.

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Steve Jurvetson, CC BY 2.0 , via Wikimedia Commons

Tesla CEO Elon Musk just revealed more details about the company’s June Robotaxi launch, which will kick off in Austin.

As of right now, Tesla is still set to push out the first Robotaxi rides in Austin, Texas, in early June. These vehicles will be in short supply at first, as Musk says the company is purposely rolling out the fleet in a slow and controlled fashion to prioritize safety. There will be ten vehicles in the Robotaxi fleet to start.

Tesla Robotaxi deemed a total failure by media — even though it hasn’t been released

However, in an interview with CNBC on Tuesday afternoon, Musk also revealed some other new details, including where in Austin the vehicles will be able to go, how many Robotaxis we could see on public roads within a few months, and other information regarding Tesla’s Full Self-Driving suite.

A Controlled Rollout

Tesla has maintained for a few months now that the Robotaxi fleet will be comprised of between 10 and 20 Model Y vehicles in Austin.

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The Cybercab, which was unveiled by the company last October, will not be available initially, as those cars will likely be produced in 2026.

Musk said during the CNBC interview that Tesla is doing a low-yield trial at first to initiate a safety-first mentality. It is important for Tesla to launch the Robotaxi fleet in a small manner to keep things in check, at least at first.

As confidence builds and the accuracy of the fleet is ensured, more vehicles will be added to the fleet.

Musk believes there will be 1,000 Robotaxis on the road “in a few months.”

Geofenced to Certain Austin Areas

Tesla will be launching the Robotaxi program in a geofenced fashion that gives the company the ability to control where it goes. Musk says that the areas the Robotaxis will be able to travel to are among the safest neighborhoods and areas in Austin.

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This is yet another safety protocol that will ensure the initial riders are not put in dangerous neighborhoods.

Some might be disappointed to hear this because of Tesla’s spoken confidence regarding Robotaxi, but the initial rollout does need to be controlled for safety reasons. An accident or incident of any kind that would put riders’ lives in danger would be catastrophic.

No Driver, No Problem

As the company has rolled out an employee-only version of the Robotaxi program in Austin and the San Francisco Bay Area, some wondered whether the rides would be driverless, as these initial trials for Tesla workers were not. Employee rides featured a human in the driver’s seat to ensure safety.

Tesla says it has launched ride-hailing Robotaxi teaser to employees only

The company did not report whether there were any interventions or not, but it did state that the vehicles traveled over 15,000 miles through 1,500 trips.

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Musk confirmed during the interview that there will be no driver in the vehicle when the Robotaxi program launches in June. This will be groundbreaking as it will be the first time that Tesla vehicles will operate on public roads without anyone in the driver’s seat.

Full Self-Driving Licensing

For more than a year, Tesla has indicated that it is in talks with another major automaker regarding the licensing of Full Self-Driving. Many speculated that the company was Ford, but neither it nor Tesla confirmed this.

Musk said today that Tesla has been in touch with “a number of automakers” that have inquired about licensing FSD. Tesla has yet to sign any deal to do so.

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Elon Musk on Tesla vehicle sales: “We see no problem with demand”

“The sales numbers at this point are strong, and we see no problem with demand,” Musk said.

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(Credit: Tesla)

During a rather testy interview with Bloomberg’s Mishal Husain at the Qatar Economic Forum, Elon Musk stated that the demand for Tesla’s vehicles is still strong. Musk also stated that the issues that Tesla faced earlier his year have already turned around.

Already Turned Around

Tesla sales saw notable drops in the past months, particularly in Europe, where several countries saw drastically fewer Tesla sales year-over-year. Tesla stated in its Q1 2025 vehicle delivery report that the declines were largely due to the company’s changeover to the new Model Y, but media reports nevertheless placed the blame on Musk’s politics and his work with the Trump administration’s Department of Government Efficiency (DOGE).

It was then no surprise that Bloomberg’s Husain pointed out Tesla’s low sales in Europe this April during the interview. When questioned about the matter, Musk stated that things have “already turned around.” Musk also noted that while Tesla sales are down in Europe so far, this is true for numerous other carmakers in the region.

No Problem With Demand

When asked for evidence to back up his claims, Musk stated that Europe is indeed Tesla’s weakest market, but the company remains “strong everywhere else.” He also admitted that while Tesla has “lost some sales from the left,” the company also “gained some from the right.” Musk highlighted the fact that Tesla stock, which is partly affected by analysts with insider information, is trading at near all-time highs.

“The sales numbers at this point are strong, and we see no problem with demand. You can just look at the stock price. If you want the best insider information, the stock market analysts have that, and our stock wouldn’t be trading near all-time highs if things weren’t in good shape. They’re fine. Don’t worry about it,” Musk said. 

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Watch Elon Musk’s full interview at the Qatar Economic Forum in the video below.

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Tesla’s Elon Musk confirms he’ll stay CEO for at least five more years

Tesla CEO Elon Musk eased any speculation about his role with the company as he confirmed he would be with the automaker for at least five more years.

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Tesla CEO Elon Musk unveils futuristic Cybertruck in Los Angeles, Nov. 21, 2019 (Photo: Teslarati)

Tesla’s Elon Musk said that he will still be CEO of the automaker in five years’ time, dispelling any potential skepticism regarding his commitment or plans with the company.

In the past, there was some speculation that Musk would leave Tesla if he was not adequately compensated for his work. He had a massive pay package taken from him by Delaware Judge Kathaleen McCormick in a move that caused Tesla to reincorporate its company in Texas.

Tesla Chair of the Board letter urges stockholders to approve Texas reincorporation

However, Musk confirmed today with a simple “Yes” that he would still be Tesla’s frontman in five years during an interview with Bloomberg at the Qatar Economic Forum:

“Do you see yourself and are you committed to still being the chief executive of Tesla in five years’ time?”

“Yes.”

Musk has had the massive $56 billion pay package declined twice by Chancellor McCormick, who has ruled that the pay was an “unfathomable sum.” Shareholders have voted twice in overwhelming fashion to award Musk with the pay package, but she has overruled it twice. This seemed to be one reason Musk might minimize his role or even step away from Tesla.

He said (via Bloomberg):

“The compensation should match that something incredible was done. But I’m confident that whatever some activist posing as a judge in Delaware happens to do will not affect the future compensation.”

Musk’s commitment to Tesla for the next five years will help steer the company in a more stable direction as it begins to expand its market well past automotive and sustainable energy. Although Tesla has been labeled as an AI company, it is also starting to push more into the robotics industry with the future release of the Optimus robot.

Now that Musk is on board for at least five more years, Tesla investors have their frontman, who has remained firm on the company’s vision to be a true disruptor in all things tech. The company’s stock is trading up just over 1 percent at the time of publication.

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