July 24, 2024
All Things EV with Steve Greenfield: Affordability, “Coopetition” and AI
Every automotive tech breakthrough and market innovation brings a consequence that key players—from sales professionals to investors—must be aware of and consider in their decision-making.
Steve Greenfield, General Partner at Automotive Ventures, shares his insights on the future of car sales, highlighting technological breakthroughs and investment opportunities in autonomous vehicles. With over 30 investments over 3.5 years, Steve brings a strong focus and expertise on solutions that enhance dealership profitability and efficiency, as well as overcoming challenges posed by the increasing complexity of the automotive industry.
Discussed in this episode:
- How advanced driver-assistance systems (ADAs) impact vehicle safety and repair costs, and their implication on the future of vehicle insurance rates
- Lessons auto dealers can learn from Amazon's prioritization of convenience
- Whether AI can transform the consumer buying experience and reduce friction in the automotive marketplace
- Benefits and challenges legacy automakers face when considering “coopetition” with Chinese manufacturers to produce affordable EVs