“Venture Capital In Q1 2019: The World Pulls Back From Record Highs.” “Apple buys self-driving startup Drive.ai just days before it would have died.” “China’s historic car market decline continues, as trade war and emissions clampdown hit sales.” These recent headlines illustrate a sustaining trend when it comes to auto — the correction is here. Indeed, if we look at the Gartner hype cycle, after years of excitement it is safe to say we are well on our way to the Trough of Disillusionment. Let’s analyze the three main factors, namely investments, acquisitions, and China, in more depth. 1) Less…...
Correction Is Here
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