A former trade negotiator for the Obama administration, Lia Theodosiou-Pisanelli is now Aurora's head of partnerships, product, and programs. Check the background of Our Firm and Investment Professionals on FINRA's Broker/Check. Tell us about yourself. Over 90% of all traffic accidents are caused by human error.1 With 40,000 U.S. traffic fatalities and 1.2 million globally every year,2 removing humans from the driving equation could significantly reduce accidentspotentially benefiting both vehicle-related injury and mortality while reducing health care spending and the potential revenue opportunity for property and casualty insurance. Past performance does not guarantee future results. Morgan Stanley Blue Papers, a product of our Research Division, involve collaboration from analysts, economists and strategists across the globe and address long-term, structural business changes that are reshaping the fundamentals of entire economies and industries around the globe. Ask your Morgan Stanley representative or Financial Advisor for the full report, "The Shared Autonomous 30" (Sep 22, 2016). In a new BluePaper from Morgan Stanley Research, a cross-section of the firms equity analysts detail how investment in autonomous flying aircraft is accelerating, with implications for the future of passenger travel, military and defense applications, and freight and package transportation. "The sooner investors can make the transformation, we believe the more industry events will make sense over the next 12 to 24 months, as the story of industry disruption likely unfolds," says Jonas, who first called out the emerging trend of shared mobility as early as 2014, and has since been exploring its ramifications through the auto industry, changes in consumer behavior and the evolving technologies reshaping this space. Autonomous vehicles on the other hand remove the human bottleneck and the economics change substantially.". We live that commitment through long-lasting partnerships, community-based delivery and engaging our best assetMorgan Stanley employees. The interior of a Tesla . The firm cites how cars are only utilized 4 percent of the time and more than 600 billion hours . A career at Morgan Stanley means belonging to an ideas-driven culture that embraces new perspectives to solve complex problems. All rights reserved. Morgan Stanley gets to the heart of this issue in their latest report out this week on autonomous developments and finds there's a good reason why both Apple and Alphabet are delaying plans to . Our insightful research, advisory and investing capabilities give us unique and broad perspective on sustainability topics. Counterpoint Global discusses psychedelics as medicine and its disruptive impact. Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. It is difficult to predict the timing, duration, and potential adverse effects (e.g. Given a combination of the right public policy, partnerships and positive outcomes for public health and safety, economic development and growth, the new models can adjust, optimize and scale up and out. In Europe, extensive public transportation options and the political strength of auto and parts manufacturers are obstacles to shared vehicle adoption, but electric vehicles bode well for the region's strengthening emissions standards. Sign up to get Morgan Stanley Ideas delivered to your inbox. At Morgan Stanley, youll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. After an exceptional year for mergers and acquisitions in 2018, Morgan Stanley bankers expect the market to stay strong, albeit with some shifting dynamics. For 87 years, weve had a passion for whats possible. Terms of Use. Any performance quoted represents past performance. Whereas the per-mile operating costs of shared vehicles today far outweigh those of privately owned vehicles, autonomous cars unburdened by driver-cost could achieve a shared cost per mile below that of owned vehicles by as early as 2030, according to Morgan Stanley. See how you can make meaningful contributions as a student or recent graduate at Morgan Stanley. Morgan Stanley is differentiated by the caliber of our diverse team. Morgan Stanley: Autonomous Cars May Save US a Trillion Dollars Home Transportation [INFOGRAPHIC] Autonomous Cars Could Save The US $1.3 Trillion Dollars A Year Benjamin Zhang Sep 12,. A monthly outlook for global fixed income markets, including an in-depth review of key sectors. Autonomous cars combine a variety of techniques to perceive their surroundings, including radar, laser light, GPS, odometry, and computer vision. Plus, more Ideas. Indeed, Many of the full benefits of a shared, electric, and autonomous ecosystem may take decades to fully play out, he says, but industry developments and investor appreciation of the technological path can have a material impact on share prices of select companies even over a three-year horizon.. Morgan Stanley is differentiated by the caliber of our diverse team. Urban Air Mobility Global Total Addressable Market (Base Case). From our origins as a small Wall Street partnership to becoming a global firm of more than 80,000 employees today, Morgan Stanley has been committed to clients and communities for 87 years. Under that scenario, by mid-century BEVswould comprise as much as 90% of all vehicle sales. Our board of directors and senior executives hold the belief that capital can and should benefit all of society. Any performance quoted represents past performance. But making an alternative a reality will require rethinking some assumptions. It is not addressed to any other person and may not be used by them for any purpose whatsoever. It is not addressed to any other person and may not be used by them for any purpose whatsoever. While CEOs and founders get most of the attention in the startup world, even the best leaders need a strong team behind them. Zoox has taken a difficult and unusual approach compared to its peers: While most of its rivals are focusing on automated-driving software or hardware, Zoox is designing and assembling an autonomous vehicle, all without the help of a major automaker. National Highway Transportation Safety A dministration (NHTSA 2013): Across all our businesses, we offer keen insight on today's most critical issues. Learn from our industry leaders about how to manage your wealth and help meet your personal financial goals. Stay abreast of the latest trends and developments. Morgan Stanley leadership is dedicated to conducting first-class business in a first-class way. On the other hand, the country's social landscape is discouraging, as private car ownership is deeply woven into the American cultural fabric. Everything we do at Morgan Stanley is guided by our five core values: Do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. Please be aware that this Portfolio may be subject to certain additional risks. Legal issues and likely objections to autonomous technology from auto workers and dealers are also discouraging, but not enough to halt development, Jonas says. How to pay for such charging also remains an open question, now that free charging seems to have gone by the wayside. "We see the first serious application of fully autonomous transport to be in the form of public-private partnerships at a hyper-localized level of a city center," Jonas says. Advanced control systems interpret sensory. Flying cars could initially gain market share from cars on the road, planes and public transportation. Apple's potential autonomous car is called the ultimate EV bear case by Morgan Stanley Nov. 19, 2021 7:50 AM ET Apple Inc. (AAPL) , TSLA , APTV , BWA GM , AN , CAR , RACE , CVNA , QS , FSR , LCID . The autonomous-vehicle industry has been a hot sector for investment banks in recent years, and Regina Savage has emerged as one of the industry's key dealmakers, Brennan said. | Are autonomous cars the killer application for 5G? Currently, they control much of the value of the car by designing and producing the major structures, powertrain, major systems and, of course, branding and distribution. The first can perform tasks independently without human intervention, such as the operation of autonomous vehicles, personal assistants and drones. The potential for flying vehicles comes from their ability to solve vexing problems for companies and consumers. The global presence that Morgan Stanley maintains is key to our clients' success, giving us keen insight across regions and markets, and allowing us to make a difference around the world. Plus, moreIdeas. Across all our businesses, we offer keen insight on today's most critical issues. We leverage the full resources of our firm to help individuals, families and institutions reach their financial goals. . Electric utilities would benefit from the shift away from the pump to plug-in charging, as electric vehicles gain more consumer traction. We offer scalable investment products, foster innovative solutions and provide actionable insights across sustainability issues. A comprehensive assessment of noteworthy trends shaping the global investment risk environment and our portfolio allocations. Our collaborative work with the Morgan Stanley Global Telecom team suggests that autonomous cars can produce as much as 40 TB of data/hour, which is equivalent to 1 to 3 thousand years of iPhone data usage. Its new report, Autonomous Vehicles & Municipal Bonds, puts the net positive impact on municipal budgets in excess of half a trillion dollars. Past performance does not guarantee future results. Improvements in the energy density of the cathodethe terminal through which electric current flowswill reduce the amount of metal required per kilowatt hour, thereby lowering the metal requirement and the metal price risk.. Most of the battery cell costs are driven by the price of materials and composition, Hendrikse says. We believe our greatest asset is our people. Before joining Aurora, in 2019, she was Lyft's director of business development and strategy, where she focused on automated-driving technology. Consider that cars on average are in operation for only about an hour each day, but they account for 45% of global oil demand and, on average, 3,500 daily deaths worldwide." Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. However, it could also open up a whole new world of business across multiple sectors. To identify the unheralded stars, we surveyed analysts, venture capitalists, industry experts, and autonomous-vehicle companies to nominate essential employees who aren't CEOs. Underpinning all that we do are five core values. Morgan Stanley leadership is dedicated to conducting first-class business in a first-class way. Multicultural and women entrepreneurs are the cutting-edge leaders of businesses that power markets. The market for private auto ownership is likely headed for disruption. From our startup lab to our cutting-edge research, we broaden access to capital for diverse entrepreneurs and spotlight their success. Counterpoint Global investigates the impact of quantum computers and its potential to tackle previously unsolvable computing problems. At Morgan Stanley, youll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration.
