Mobility and the Road Ahead - S5

the new government-sponsored energy proposals must be geared
toward the long term.
" We really shy away from things that just require subsidies to be
effective, " he said. " I do think short term, the subsidies, along with
private capital, get these technologies developed and get them
through a place. ... Whether it's volume or bringing the cost curve
down, it gets them to be economic. "
The future of mobility is an ecosystem
Of course, technological change doesn't happen in a vacuum. For
every advancement, there's a corresponding impact on an existing
technology, such as how the push toward renewable energy sources
like wind and solar are affecting the investments in " dirtier " fuel
sources, like coal.
While " obvious " solutions like wind and solar are attracting much of
the attention, other alternatives also appear ripe for future investment.
For example, Lindsay believes that hydrogen could be particularly
attractive for some industries, such as long-haul trucking. Another
particularly interesting area of investment is artificial intelligence,
which both Lindsay and Schiano say is vital to underpinning the future
development of alternative fuel sources across the entire spectrum.
Both speakers agree that when it comes to future green investment
opportunities, we must look for companies and organizations that are
taking a holistic approach toward the future.
" At the end of the day, the world is going to change, and the government
is going to have to put policies in place to make those
changes palatable, " Schiano said. " The thing that I think is important
here, when you're talking about old versus new, [is that] you do
have to look at the whole life cycle of how this is being generated.
" I mean, you can't just go say I bought an electric car ... you've got
to look at the life cycle. How did that energy get there? Where did
they get the materials to make the batteries? What are they going
to do with the batteries when they're done? "
Answering these types of questions, and identifying the OEMs,
startups and other businesses that are partnering to develop an
integrated, unified solution is the road map that will help lead
investors toward a greener future, both for our environment, and
for their portfolios.
Evolution of
Propulsion
Driving toward zero net emissions by 2035
The world relies on the efficient and economical transportation of
people and goods across and in between countries to support businesses,
economies and the well-being of the global population.
But mobility comes with a cost, and the price we're paying in terms
of global environmental change is rising faster than we can keep up
with using today's technology. As a result, the transportation industry
is working at breakneck speeds to develop cleaner solutions for
a more sustainable future.
A Summit panel on the evolution of propulsion brought together a
group of experts to look at how organizations in the supply chain are
working to quicken the deployment of cleaner and more sustainable
mobility solutions.
What is clean mobility?
" At a base level, mobility is about the movement of people and
goods, but I think the term mobility as we use it today also includes
a lot of other things ... the idea of different business models enabled
by conductivity, " said Tony Pistagnesi, head of electrification at
American Axle & Manufacturing, a supplier of propulsion systems.
" The idea that, with electrification, the barriers to entry ... into the
automotive sector are coming down, so it's really about, I think, a
change in the model around how people move around. "
Bob Purcell, CEO of VIA Motors expanded on that concept, saying
tomorrow's mobility solutions must do more than just fulfill basic
societal needs while making economic sense. In Purcell's view,
MOBILITY AND THE ROAD AHEAD *
5
Mobility and the Road Ahead

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