Tesla, GM and others hyped up emerging technologies in autos. Now they have to deliver

In the past decade, there has been no shortage of optimism from automakers and tech companies like Uber and Lyft over two major emerging technologies: autonomous and electric vehicles.

After years of hype, companies in the space will look to deliver on ambitious promises in the 2020s.

A report by AlixPartners earlier this year estimated the industry’s spending on autonomous driving and electric vehicles will reach a cumulative $85 billion by 2025 and $225 billion by 2023, respectively.