Rolf Bulander

The increased availability of electric powertrains in the market is definitely advantageous and makes it easier for new players to enter the market, for us, new market entrants are customers just like established carmakers. Two examples, we supply Tesla with driver assistance systems and provided Google with important components for its vehicles such as the electric powertrain, steering and sensors.

Battery technology is critical for the breakthrough. We expect battery costs to halve by 2020 and for the energy density to double. That would be double the range at half the price, if this technological breakthrough is achieved, we will think about manufacturing battery cells.

Thanks to onboard sensors, vehicles can detect a free parking space and cars can report the position and size of the gap.

The companies can monitor the distance driven and set up an early appointment with a garage if parts are suffering from wear and tear.