Automotive – Is a New Revolution Coming?
March 29, 2021
By Don Moss, Senior Director, Colliers International
The automobile is 135 years old and has undergone great transformation over almost a century and a half since it was first invented. It takes some reflection to understand how much has changed since 1908 when the Model T became the first mass produced car. Similar to today there were a lot of early entrepreneurs, 253 to be exact, producing cars. In 2021 there are 64 electric vehicle start-up companies. This does not include the top ten car companies already producing combustion engine vehicles....
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