Good Disruption: Electric Vehicles

The automobile industry is in the middle of a significant disruption. Initially led by Tesla, new companies like Rivian and Lucid are emerging, while GM, Ford and other incumbent manufacturers are scrambling to introduce new electric models and shift inventory away from gas-powered cars. Eighteen of the 20 largest car manufacturers, representing 90 percent of global new vehicle sales, have committed to expanding their electric offerings. Today, more than 10 million electric vehicles are on the road, with 3 million of that added just in 2020.

Electric vehicles are on track to become the dominant technology over the next 10–20 years. But do we truly understand all the implications of this shift? Are we ready for it?

Darden alumnus Adam Happel (MBA '08) and Professors Yael Grushka-Cockayne and Michael Lenox discuss the present and future state of the electric vehicle industry.

About the Expert

Yael Grushka-Cockayne

Vice Dean; Senior Associate Dean for Professional Degree Programs; Altec Styslinger Foundation Bicentennial Professor of Business Administration

Grushka-Cockayne’s research and teaching activities focus on decision analysis, forecasting, project management and behavioral decision-making.

As an expert in the area of project management, she has served as a consultant to international firms in the aerospace and transportation industries. She is the secretary/treasurer of INFORMS Decision Analysis Society, a U.Va. Excellence in Diversity fellow and member the Project Management Institute.

B.Sc., Ben-Gurion University; M.Sc., London School of Economics; M.Res., Ph.D., London Business School

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About the Expert

Michael Lenox

Special Adviser for the Dean; Tayloe Murphy Professor of Business Administration

Lenox’s expertise is in the domain of technology strategy and policy. He studies the role of innovation in helping a business succeed. In particular, he explores the sourcing of external knowledge by firms and this practice’s impact on a company’s innovation strategy. Lenox has a longstanding interest in the interface between business strategy and public policy as it relates to the natural environment; his work explores firm strategies and nontraditional public policies that have the potential to drive green innovation and entrepreneurship.

In 2013, Lenox co-authored The Strategist’s Toolkit with Darden Professor Jared Harris. His latest book,

Lenox is a prolific author; his most recent book, Strategy in the Digital Age: Mastering Digital Transformation, examines how digital technologies and services enable the creation of innovative products and services, as well as identifying new competitive positions.

B.S., M.S., University of Virginia; Ph.D., Massachusetts Institute of Technology

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