Self-Driving Cars Rip Up an Industry’s Supply Chain

With the advent of self-driving technologies and numerous automobile manufacturers paving the way for driverless cars (releasing plans of introducing their own self-driving vehicle lineups by 2020), the auto industry is undergoing a significant shift and parts-supplier takeover to ever be recorded. In fact, as more manufacturers tend to introduce electronic and autonomous vehicles, parts-makers are struggling to keep up with the high pace and demands for technological transformation. According to data compiled by Bloomberg, the total market value of automotive-supplier parts from 2015 to 2016 has exceeded $74.4 billion….

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