Platinum: How technology is reshaping the car industry

Technology has always been at the core of both product and production innovation in transport. Ford’s greatest innovation was more in the revolutionising of the modern assembly line, which lowered production costs and made cars widely accessible, than the Model T itself. On the product side, technology has improved the safety, performance and efficiency of cars steadily over the last century. Think seat belts, airbags, turbochargers and catalytic converters. The dramatic increase in processing power of computer chips is getting to the level where they can start tackling technology as complex as self-driving or autonomous vehicles. Autonomous driving is an even bigger challenge than EV batteries. This challenge has less to do with mechanical engineering and more to do with computing and software. Platinum Asset Management technology analyst, Curtis Cifuentes, explains the investment implications in this article: (VIEW LINK)