Several of the most valuable companies in the world in disparate markets share something in common:
- Uber: Largest taxi company owns no cars.
- Air BnB: Largest accommodations firm owns no real estate
- Ali Baba: Largest online retailer owns no inventory
Now think about electric vehicles (EV) vs internal combustion engine vehicles (ICEV):
- Tesla: about 150 moving parts
- ICEV: about 10,000 moving parts
How will the coming revolution in EVs affect NE Ohio’s network of automotive suppliers?