| 3:09 AM EST

EY: Where’s the Profit in New Mobility?

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How can the auto industry generate enough revenue to pay for its rush to find new options to traditional car ownership?

John Simlett, EY’s global future of mobility leader, says the key is to look at the underlying business model as well as the need to attract customers. Simlett also predicts that the rapid evolution of technology will spark a shift to shared vehicle ownership.

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