Why 'Smart Car' Technology Is a Trend We're Investing In

By George Evans & Alice Fricke via Iris.xyz

Recently, it seems that every day we see articles proclaiming the internal combustion engine is dead, or that worldwide demand for cars will sharply decline in the years to come. Lately, however, it feels as though the wider world is finally beginning to focus on a trend that we have been thinking about and investing in for the past three years.

To be fair, we have the advantage of access to the management teams of the companies in which we invest. Through our discussions with them, we learn a tremendous amount about the direction of change across a wide range of industries and technologies.

The automobile and its usage are evolving rapidly, and it is certainly possible that demand for cars has already peaked in the developed world. So why then, are we investing in cars and car componentry at all?

There are two reasons.

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