It expresses no views as to the suitability of the investments described herein to the individual circumstances of any recipient or otherwise. "He's probably looked at more AV companies than anybody anywhere," Brennan said. We offer timely, integrated analysis of companies, sectors, markets and economies, helping clients with their most critical decisions. All rights reserved. In-depth insights on emerging and global markets for spotting hot growth stories. Over 90% of all traffic accidents are caused by human error.1 With 40,000 U.S. traffic fatalities and 1.2 million globally every year,2 removing humans from the driving equation could significantly reduce accidentspotentially benefiting both vehicle-related injury and mortality while reducing health care spending and the potential revenue opportunity for property and casualty insurance. We provide comprehensive workplace financial solutions for organizations and their employees, combining personalized advice with modern technology. Plus, more Ideas. A former trade negotiator for the Obama administration, Lia Theodosiou-Pisanelli is now Aurora's head of partnerships, product, and programs. Find a Financial Advisor, Branch and Private Wealth Advisor near you. document.write(new Date().getFullYear()); MorganStanley.All rights reserved. A monthly publication featuring the Global Multi-Asset Teams latest views on the economic and market environment and how best to position portfolios. Morgan Stanleys U.S.Researchteams worked together to identify 30 companies that they believe are favorably exposed to growth opportunities in a world moving toward shared mobility, autonomous driving, and electrification. Electric utilities would benefit from the shift away from the pump to plug-in charging, as electric vehicles gain more consumer traction. For instance, one of the key drivers of autonomous vehicle adoption is improved safety. The risks of investing inemerging market countriesare greater than risks associated with investments in foreign developed countries. See how you can continue your career journey at Morgan Stanley. Yeung notes that the Chinese government has invested heavily in public transportation. Across all our businesses, we offer keen insight on today's most critical issues. Along the way, plenty of other sectors will be figuring out how they can come along for the ride. A monthly publication featuring the Global Multi-Asset Teams latest views on the economic and market environment and how best to position portfolios. But electric cars could be seen as a welcome solution to China's concerns about air pollution, and its growing Internet and mobile app market has already opened the door to the development of on-demand ride-hailing technology. While some investors may be cheering softer-than-expected inflation data, revenues may begin to disappoint in the face of a credit crunch brought on by recent banking stress. They also may be subject to counterparty, liquidity, valuation, correlation and market risks. His contributions have been essential in helping Zoox develop its automated-driving system, Shahin Farshchi, a partner at the venture capital firm Lux Capital, a former Zoox investor, told Insider. Puneeth Meruva is the firm's "first filter" in deciding which companies to invest in, Trucks general partner Reilly Brennan told Insider. 4 min read. National Highway Transportation Safety A dministration (NHTSA 2013): natural disasters, health crises, terrorism, conflicts and social unrest) that affect markets, countries, companies or governments. Investments inforeign marketsentail special risks such as currency, political, economic, market and liquidity risks. Drones and VTOLs could be part of the evolving solution of last-mile parcel delivery challenges, says Ravi Shanker, equity analyst covering the North American transportation industry. Whether its hardware, software or age-old businesses, everything today is ripe for disruption. From our startup lab to our cutting-edge research, we broaden access to capital for diverse entrepreneurs and spotlight their success. For 87 years, weve had a passion for whats possible. A monthly outlook for global fixed income markets, including an in-depth review of key sectors. Reducing the cost, decreasing noise and creating aircraft that essentially levitatenot takeoff via a runawayare also key considerations. With advances in technology and growing consumer acceptance, the automobile industry's electric-powered future is in sight. The first applications should take the form of small fleets, traveling slower than 25 miles per hour, fully autonomous, fully electric, and geographically limited to as little as one square mile. But the shift to BEVs means up to 50% of the value of the car could migrate from mechanical to electrical systems and electronics. From volatility and geopolitics to economic trends and investment outlooks, stay informed on the key developments shaping today's markets. These include: low utilization (on average, cars are used 4% of a day, with an available seat-mile utilization of barely 1%); consumption of finite resources (cars consume 500 billion gallons of fuel a year, accounting for 45% of global oil demand); and public safety (roughly 3,500 traffic fatalities per day globally). Your Privacy Choices Macro and thematic insights shaping the global investment landscape. It is not addressed to any other person and may not be used by them for any purpose whatsoever. The Morgan Stanley Freight Transportation team believes that autonomous and semiautonomous driving technology will be adopted far faster in the cargo markets than in passenger markets. Meet one of our Financial Advisors and see how we can help you. At Morgan Stanley, we focus the expertise of the entire firmour advice, data, strategies and insightson creating solutions for our clients, large and small. Whether its hardware, software or age-old businesses, everything today is ripe for disruption. Everything we do at Morgan Stanley is guided by our five core values: Do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. A more bullish forecast places the market at $2.9 trillion. Counterpoint Global discusses psychedelics as medicine and its disruptive impact. Private car ownership is more aspirational in India, a country with growing Internet access and a large population of young people who are concerned about pollution and open to ride-sharing. The interior of a Tesla . We live that commitment through long-lasting partnerships, community-based delivery and engaging our best assetMorgan Stanley employees. From our origins as a small Wall Street partnership to becoming a global firm of more than 80,000 employees today, Morgan Stanley has been committed to clients and communities for 87 years. Morgan Stanley: Autonomous Cars May Save US a Trillion Dollars Home Transportation [INFOGRAPHIC] Autonomous Cars Could Save The US $1.3 Trillion Dollars A Year Benjamin Zhang Sep 12,. Our insightful research, advisory and investing capabilities give us unique and broad perspective on sustainability topics. Our culture of access and inclusion has built our legacy and shapes our future, helping to strengthen our business and bring value to clients. Multicultural and women entrepreneurs are the cutting-edge leaders of businesses that power markets. We deliver active investment strategies across public and private markets and custom solutions to institutional and individual investors. Privacy & Cookies We help people, businesses and institutions build, preserve and manage wealth so they can pursue their financial goals. The natural solution appears to be more shared vehicles. Improvements in the energy density of the cathodethe terminal through which electric current flowswill reduce the amount of metal required per kilowatt hour, thereby lowering the metal requirement and the metal price risk.. At Morgan Stanley, we lead with exceptional ideas. Global institutions, leading hedge funds and industry innovators turn to Morgan Stanley for sales, trading and market-making services. Adam Jonas, Morgan Stanley's Head of Global Auto & Shared Mobility Research, says "A confluence of competitive, technological and regulatory forces have pulled-forward auto maker's plans to aggressively introduce EVs over the next 3 to 5 years vs. 20 to 25 years previously. We rely on our technologists around the world to create leading-edge, secure platforms for all our businesses. Illiquid securitiesmay be more difficult to sell and value than public traded securities (liquidity risk). For investors, the rise of autonomous vehicles has the potential to impact industries as far afield as health care, insurance, internet and infrastructure. portfolio liquidity) of events. Hannah Miao @hannahmiao_. Multicultural and women entrepreneurs are the cutting-edge leaders of businesses that power markets. "The sooner investors can make the transformation, we believe the more industry events will make sense over the next 12 to 24 months, as the story of industry disruption likely unfolds," says Jonas, who first called out the emerging trend of shared mobility as early as 2014, and has since been exploring its ramifications through the auto industry, changes in consumer behavior and the evolving technologies reshaping this space. At Morgan Stanley, giving back is a core valuea central part of our culture globally. We value our commitment to diverse perspectives and a culture of inclusion across the firm. The services described on this website may not be available in all jurisdictions or to all persons. According to PitchBook, it's tied with three VC firms for the highest number of investments in autonomous-vehicle companies with 18. See how you can make meaningful contributions as a student or recent graduate at Morgan Stanley. On the other hand, the country's social landscape is discouraging, as private car ownership is deeply woven into the American cultural fabric. In recent months, Motional has taken the backup drivers out of some of its test vehicles and, in 2023, the company plans to expand its relationship with Lyft by launching a fully autonomous ride-hailing service. Illiquid securitiesmay be more difficult to sell and value than public traded securities (liquidity risk). "I would credit a lot of what you find that's differentiating to him and his team," Farshchi said of Rege. Given a combination of the right public policy, partnerships and positive outcomes for public health and safety, economic development and growth, the new models can adjust, optimize and scale up and out. Learn from our industry leaders about how to manage your wealth and help meet your personal financial goals. Counterpoint Globals culture fosters collaboration, creativity, continued development, and differentiated thinking. Additionally, an aviation company has begun investing in a helicopter ride-hailing service. Auto dealers could stop selling cars altogether and evolve into a 100% service model in a highly consolidated group of mega-fleet managers. In general,equities securitiesvalues also fluctuate in response to activities specific to a company. Morgan Stanley analyst Katy Huberty explained the profit potential for Apple in a research note she issued in January. In 1940, automaker Henry Ford said, Mark my words: a combination airplane and motorcar is coming. Ford was teased for the statement, but now, decades later, the same technologies that power drones and steer autonomous vehicles could launch flying cars from the pages of sci-fi comics to the skies of our cities.