• Home
  • Latest
  • Coins2Day 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Brainstorm Design

Owning an Actual Car Is Soon Going to Seem Obsolete. Here’s Why

By
Debbie Yong
Debbie Yong
Down Arrow Button Icon
By
Debbie Yong
Debbie Yong
Down Arrow Button Icon
March 7, 2018, 10:19 PM ET
Coins2Day Brainstorm Design 2018
038 Coins2Day Brainstorm Design 2018 Thursday, March 8th, 2018 Singapore 8:30 : 9:45 MORNING SESSIONS (Choose 1 of 3) MOBILITY X DESIGN From ride-sharing services and autonomous vehicles to hybrid engines and AI-powered drones, the mobility and transportation sector is ripe with possibilities. Join industry experts for a candid conversation on how design is influencing the technology and trends that are rapidly changing how we will move people—and things—in the future. Mark Lin, Head of International Operations, Mobike Jaime Moreno, Founder and CEO, Mormedi Nils Uellendahl, Design Director, Shanghai Studio, Designworks, A BMW Group Company Zhang Fan, Vice President, Head of Design, Guangzhou Automobile Group Moderator: Brian O’Keefe, Coins2Day Photograph by Stefen Chow/Coins2DayStefen Chow/Coins2Day

Car ownership is so yesterday. In the next decade, automobiles will be seen as an on-demand service instead of a big-ticket purchase you lovingly polish on the weekends—and 80% of car sales will be to fleet management companies rather than individual consumers.

This is according to Jaime Moreno, chief executive of Mormedi, a strategic design consultancy that works in the transport sector. Founded by Moreno, Mormedi has developed high speed trains for Spanish rail service RENFE and Hitachi, as well as interior and exterior truck designs for Hino, Toyota’s (TM) medium and heavy duty truck brand.

“The automobile industry is in the middle of a big disruption. You don’t need [to own] cars to live in the city anymore – we already see this in many big cities. The shift is not just towards car-sharing, but you will eventually see car manufacturers move to offering cars as a service,” he elaborated, citing monthly car subscription programs such as Porsche Passport and Book by Cadillac.

He made the remarks during a panel discussion on how mobility and design on Thursday at the Coins2Day, Time and Wallpaper* Brainstorm Design conference being held in Singapore.

Car sharing is a field Chinese dockless bike-sharing start-up Mobike announced in December that it was considering expanding into, along with financial services. Mobike’s 9 million distinctive orange-rimmed rental bicycles are now distributed in some 200 cities in 14 countries around the world, often in partnership with local governments, according to fellow panelist Mark Lin, head of international operations at Mobike.

Along with these kinds of changes, and the growing popularity of autonomous driving, the consistent design of services and experiences from within the car and beyond will become much more important to car manufacturers—to a point where it will drive brand identity, said Nils Uellendahl, the Shanghai-based design director of BMW Group’s (BMWYY) global creative consultancy Designworks.

“The definition of performance has changed. Traditionally, it has been about specifications and speed. In the future, consumers will consider it more in the sense of comfort, how digital devices connect with the car, and how to have relevant experiences across all those different touch points,” he said.

Besides conceptualizing groundbreaking future car concepts for BMW’s portfolio of BMW, Mini, Rolls-Royce and electric-powered i-series cars, BMW Designworks’ 135 employees across three design studios in California, Munich and Shanghai also consult on product design and strategy for external clients such as Dell, Cartier and Hewlett-Packard.

Last year, the Designworks team unveiled a futuristic redesign of hydrogen fuel dispensers in collaboration with Shell and partnered with construction equipment company John Deere to reimagine the Fixstern Backhoe with lightweight, sustainable materials and an improved user interface. More recent projects include the design of the two-man bobsleds used by the U.S. Team at the 2018 Winter Olympics in Pyeongchang.

Both Moreno and Uellendahl agreed that autonomous driving will not completely replace self-driving cars.

Moreno predicts that more platforms to manage different types of transportation will emerge and consumers will be able to move through the city through a combination of bicycle, train, autonomous car or Uber, “with just one click.”

“It’s not a black and white situation where self-driving stops completely and autonomous driving will be the only option. The beauty is that you’ll be able to choose,” says Uellendahl.

Amid this evolution, car designers have an additional factor to consider: emotion. “People now expect more and more humanity from cars, rather than just treating it as a tool,” explained Guangzhou Automobile Group (GNZUF) vice president and head of design, Zhang Fan. “In the West, people grew up fixing cars in their garage with their dads, so the concentration is on the machine itself. But Chinese customers care more about themselves and their riding experiences.”

Consequently, original equipment manufacturing (OEM) companies producing made-for-China cars of Western brands tend to extend the body of the car to offer more leg room. Recent concept car renderings of GAC’s Chuan Qi brand of cars also bear features such as bonsai plants, seats that can transform into beds and dashboards that can turn into flat-screen televisions. The company plans to launch their SUV and electric vehicle models in the US by the end of 2019.

“Because we treat the car as a living space, it needs to have some decency and elegance. It should not always stay as a machine,” he said.

For more coverage of Brainstorm Design, click here.

About the Author
By Debbie Yong
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

macron
InvestingMarkets
Emmanuel Macron’s ‘Top Gun’ aviator glasses in Davos drive obscure Italian stock up nearly 30%
By Nick LichtenbergJanuary 22, 2026
10 hours ago
Donald Trump signe son livre "The art of the deal".
PoliticsDonald Trump
Trump’s Greenland gambit followed a familiar playbook—one he wrote himself
By Eva RoytburgJanuary 22, 2026
10 hours ago
sternfels
CommentaryConsulting
AI makes human intelligence more important, not less 
By Bob Sternfels and Lucy PerezJanuary 22, 2026
11 hours ago
Building with a Deloitte company sign
Future of WorkConsulting
Deloitte to scrap traditional job titles as AI ushers in a ‘modernization’ of the Big Four
By Jake AngeloJanuary 22, 2026
11 hours ago
Sheinbaum
North AmericaCrime
‘El Botox,’ cartel leader of White Trojans, arrested in western Mexico, authorities say
By Fabiola Sánchez and The Associated PressJanuary 22, 2026
11 hours ago
Texas
EconomyTexas
Everything’s bigger in Texas, including the number of people moving out
By Mike Schneider and The Associated PressJanuary 22, 2026
11 hours ago

Most Popular

placeholder alt text
Economy
'Some form of crisis is almost inevitable': The $38 trillion national debt will soon be growing faster than the U.S. economy itself, watchdog warns
By Nick LichtenbergJanuary 22, 2026
11 hours ago
placeholder alt text
Success
Nvidia CEO Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction are about to be unlocked because someone needs to build all these new AI centers
By Preston ForeJanuary 21, 2026
2 days ago
placeholder alt text
Politics
Jamie Dimon tells Davos: ‘You didn’t do a particularly good job making the world a better place’
By Eleanor PringleJanuary 21, 2026
2 days ago
placeholder alt text
Economy
Jamie Dimon says he’d have no issue paying higher taxes if it actually went to people who need it. Right now it just goes to the Washington ‘swamp’
By Eleanor PringleJanuary 21, 2026
2 days ago
placeholder alt text
AI
Elon Musk says that in 10 to 20 years, work will be optional and money will be irrelevant thanks to AI and robotics
By Sasha RogelbergJanuary 19, 2026
4 days ago
placeholder alt text
Energy
Elon Musk warns the U.S. could soon be producing more chips than we can turn on. And China doesn’t have the same issue
By Sasha RogelbergJanuary 22, 2026
12 hours ago

© 2026 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.