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Can suppliers avoid extinction as the automobile pivots to electric?

When technology transforms an industry, it can begin quite slowly … and then it happens all at once.

Take the first iPhone. When it first launched in 2007, it was often discussed with derision as many failed to grasp its revolutionary potential, especially by traditional cell phone makers. Yet since then, it’s transformed the way we communicate and live. It’s destroyed legacy players and forced an entire industry to adapt to its technology, rather than the other way around.

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