Pandemic Venture Investment Series with @OurcrowdFund - Episode 2 | SALT Talks #105​

TL;DR

In this Salt Talks episode, experts discuss the challenges and opportunities in the mobility sector amidst the COVID-19 pandemic, focusing on autonomous vehicles, micro mobility, and automotive cybersecurity.

Transcript

hello everyone welcome back to salt talks my name is joe aletto and i'm the production manager of salt which is a global thought leadership forum and networking platform encompassing finance technology and geopolitics salt talks is a series of digital interviews with the world's foremost investors creators and thinkers and just as we do at our glob... Read More

Key Insights

• 😀 The pandemic has accelerated the timeline for ADAS development, as autonomous vehicles face challenges that require more time and resources to overcome.
• 🙈 Micro mobility has seen increased demand during the pandemic, with longer trip distances and a wider demographic using e-scooters and e-bikes.
• 👶 Automotive cybersecurity has emerged as a major concern, with new regulations mandating in-vehicle cybersecurity measures and lifecycle management.
• 🐕‍🦺 Cost efficiency and sustainability are crucial for the long-term viability of micro mobility and shared mobility services.

Questions & Answers

Q: How has the COVID-19 pandemic affected the development of autonomous vehicles?

The pandemic has forced a reevaluation of timelines and priorities, with a greater focus on ADAS technologies for improving driver safety and comfort. Autonomous vehicles are now being viewed as a longer-term goal, with more emphasis on developing solid plans for ADAS deployment and achieving a clear return on investment.

Q: What are the challenges and opportunities in the micro mobility sector during the pandemic?

Micro mobility has faced challenges due to decreased demand for shared mobility services. However, there have also been positive trends, such as longer trip distances and a broader range of demographic using micro mobility. The industry needs to focus on cost efficiency and sustainability to ensure long-term viability.

Q: How has the COVID-19 outbreak impacted automotive cybersecurity?

The pandemic has highlighted the need for robust cybersecurity measures in vehicles, as connected cars are vulnerable to outsider attacks. Regulatory bodies have introduced specifications and legislation for in-vehicle cybersecurity and lifecycle management. Car manufacturers are now prioritizing implementing cybersecurity solutions and ensuring compliance to protect vehicles from cyber threats.

Q: Will the pandemic affect funding for major mobility projects and investments in the mobility sector?

While the pandemic has strained budgets in certain countries, major automotive manufacturers and governments still view the industry as vital to their economies. Therefore, they are likely to continue funding mobility projects and investing in relevant technologies to stay competitive and protect their national industries.

Summary & Key Takeaways

• The COVID-19 pandemic has accelerated the timeline for autonomous vehicle (AV) development and shifted focus towards advanced driving assistance systems (ADAS) for improving safety and comfort in vehicles.

• Micro mobility, particularly e-scooters and e-bikes, has seen increased demand and adoption as people seek alternative transportation options during the pandemic.

• Automotive cybersecurity has become a crucial concern, with new regulations requiring car manufacturers to implement in-vehicle cybersecurity measures to protect against cyber threats and ensure the safety of connected vehicles.