Industry Leaders Say Silicon Valley Leads Race in Mobility Innovation, Foley Survey Shows

24 October 2017 Crain's Detroit Business News
Citing a new survey by Foley & Lardner LLP, Crain’s Detroit Business reports that industry leaders believe Silicon Valley leads Detroit in the race to develop connected and autonomous vehicles.

Foley’s 2017 Connected Cars & Autonomous Vehicles Survey, released Tuesday, found that 70 percent of respondents in the automotive, technology, startup and investment sectors see Silicon Valley as the world’s leading region for mobility innovation, followed by Detroit, at 46 percent, and Germany, at 38 percent, Crain’s reports.

While the survey found that just 15 percent of industry leaders think startups and tech firms have not disrupted the traditional automotive supply chains, the report said the competition could yield collaboration with Detroit, which has the ability to build and sell millions of cars, Crain’s reports.

“Whether Silicon Valley and Detroit are on a collision course or a collaborative and integrated path forward remains to be seen, but in the near-term, we expect each will continue to do what they do best – innovate and produce,” partner Todd Rumberger said.

For additional coverage of Foley’s Connected Cars & Autonomous Vehicles Survery see: Politico.com

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