Development in the mobility technology ecosystem--how can 5G help?

The current whirlwind of disruptions buffeting the automotive world have created a massive value-chain disconnect. When viewed through the lens of tomorrow's product requirements, one thing becomes clear: you can't easily get there from here. McKinsey has identified four major disruptions facing the industry today (Exhibit 1). Collectively known as "ACES"--for autonomous vehicles, connected cars, electrification, and shared mobility--these trends will ultimately drive a change in the way the automotive industry develops cars (see sidebar "ACES: The four trends shaping tomorrow's cars" for more detail). We believe tomorrow's cars will be autonomous, connected, electrified, and shared (ACES). They will be fully autonomous, with no driver.