Research by Sam Korus, ARK Analyst

  • Industrial-Robot-Cost-Declines-Banner

    Industrial Robot Cost Declines Should Trigger Tipping Points in Demand

    by | Industrial

    This piece was originally published on 08.07.17 and updated on 01.16.19. According to ARK’s research, industrial robot1 costs will drop by 50-60%, to levels much lower than most analysts now anticipate, by 2025. Combined with advances in machine learning and computer vision, this drop in costs should cause an inflection point in the demand for […]

  • ARK-utility-energy-storage

    The Addressable Market for Utility Energy Storage Could Scale to $800 Billion

    by | Industrial
    Mentioned Companies: TSLA

    Elon Musk has stated that Tesla’s energy storage business will be as large as its car business in the long-term.1 ARK’s research shows that foregoing planned gas peaker plants and replacing them with utility scale energy storage could generate roughly $10 billion in revenues per year, more than six times Tesla’s $1.5 billion utility energy […]

  • Blog-Banner-Template-Model-3-vs-Camry

    The Model 3 Is Cheaper to Own Than a Toyota Camry

    by | Industrial

    The long-range Model 3’s sticker price is $44,500, roughly 85% higher than that of a Toyota Camry; yet, ARK’s research shows that the Model 3 could be the better deal over a three-year period. Early this year, Kelley Blue Book (KBB) published its Best Resale Value Awards for 2019. According to KBB,1 over a three-year […]

  • ARK Invest Electric Scooter banner

    Electric Scooters: The Unit Economics May Spell Trouble

    by | Industrial

    Last October, pedestrians, vandals, and perhaps shopkeepers dumped 60 electric scooters into a lake in Oakland, California. While electric scooters and other forms of micromobility have the potential to transform city landscapes and urban transportation, ARK wouldn’t be surprised to see a number of scooter companies go bankrupt first. ARK’s research suggests that dockless electric […]

  • automated food services, food robotics, automation, ark research

    Could Automating Food Services Create Jobs?

    by | Industrial

    While automation often causes fears of unemployment, history shows that robots can and do create jobs. Two relationships help explain how automation can increase employment: productivity gains relative to the price elasticity of demand for goods and services, and the shift from non-paid to commercial activity. Productivity in the food services industry has been relatively […]

  • electric vehicles

    Autonomous Electric Taxi Fleets Could Spark Electricity Demand

    by | Industrial
    Mentioned Companies: GM, GOOG

    Autonomous electric taxis are commercializing faster than most analysts anticipated. Alphabet’s Waymo announced plans to launch its autonomous electric taxi fleets this year, and GM’s Cruise Automation is set to launch in 2019. Waymo driverless cars already are on the road in Phoenix, Arizona. Many forecasts are ignoring the impact that autonomous electric taxi fleets […]

  • Tesla Resembles Apple ARK Invest

    Tesla Through the Lens of Apple

    by | Digital Industrial
    Mentioned Companies: AAPL, F, GM, GOOG, SSNLF, TCEHY, TSLA, VWAGY

    From 2007 to 2018, Apple’s revenue and market capitalization grew roughly tenfold1—making it the most celebrated technology growth story of the 21st century. Apple’s growth was fueled by the most productive period in the company’s history with the release of the iPhone, iPad, Apple Watch, and App Store—each generating sales on par with a Fortune 500 […]

  • autonomous-delivery-robot-banner

    Autonomous Delivery Robots Could Lower the Cost of Last Mile Delivery by 20-Fold

    by | Industrial
    Mentioned Companies: APRN, HFG.F

    “The primary thing that any technology startup must do is build a product that’s at least 10 times better at doing something than the current prevailing way of doing that thing.”1 – Ben Horowitz How could a cooler on wheels traveling four miles per hour change logistics as we know it today? ARK’s research suggests […]

  • new-space

    Why New Space is an Exciting Opportunity

    by | Industrial
    Mentioned Companies: BA, SSNLF, VSAT

    The space industry is set to take off! Listen as ARK Industrial Analyst, Sam Korus, explains:  What used to be a monopolistic and bureaucratic industry is being upended by both rocket and satellite cost declines. Today, there are just over 1,700 active satellites orbiting Earth, but companies already have plans to launch almost 10 […]

  • Cobalt Banner

    Cobalt Won’t Slow Down EV Adoption

    by | Industrial
    Mentioned Companies: GM, TSLA

    In the past two years cobalt prices have more than tripled from roughly $25,000 per metric ton to more than $79,0001 in response to supply constraints anticipated as electric vehicles (EVs) continue to gain traction. In 2017, the Congo accounted for 58% of global cobalt production, explaining the fear that geopolitical instability will cause shortages. […]

  • ev-forecast-banner

    Auto Capital Spending Suggests That EV Forecasts Are Much Too Low

    by | Industrial
    Mentioned Companies: F, TSLA

    ARK’s research shows that for the past three years, electric vehicle (EV) forecasts have increased significantly, with a consensus forming recently around four million units for 2022. According to ARK’s research, global EV sales will be more than four times higher than expected, or roughly 17 million units. When ARK first forecast 17 million units […]

  • delivery-drones banner

    Delivery Drones Could Serve a Large Swath of the US Population

    by | Industrial
    Mentioned Companies: AMZN

    Delivery drones are ready to launch, once regulators give them the greenlight. So how many people will these drones be able to serve in the US? Our research suggests that, if the FAA approved them today, Amazon’s drones could transport packages to more than 50 million people in roughly 30 minutes. The battery improvements we […]

  • electric-passenger-drones-banner

    Air Taxis Are On The Way

    by | Industrial
    Mentioned Companies: BA, EADSY, TSLA

    “We wanted flying cars, instead we got 140 characters,” said Peter Thiel in 2013.1 Five years later, we have twice as many characters per tweet, but no flying cars. In our view, a vehicle for both the road and the air will never see the light of day. In fewer than five years, however, personal […]

  • EV Semi Trucks Banner

    The Case for an EV Semi Truck

    by | Industrial
    Mentioned Companies: TSLA

    While automakers are waking up to the realization that electric drivetrains are the future of passenger vehicles, many manufacturers remain skeptical that heavy-duty hauling vehicles will succumb to electrification. They continue to assert that batteries are too expensive, too slow to charge, and too heavy to be incorporated into long-haul fleets. Not surprisingly, they scoffed […]

  • electric vehicle future, electric vehicle white paper, ev research, electric vehicle research, sam korus, ark white paper, innovation white paper, electric cars white paper

    The Future of Autos and Trucks Is Electric

    by | Industrial White Paper

    This is an executive summary of ARK Invest’s electric vehicles white paper: The Future of Autos and Trucks Is Electric ARK Expects Global EV Sales To Exceed Current Forecasts, Substantially ARK expects global sales of Electric Vehicles (EVs) to reach 17 million units by 2022, while agencies like the EIA are forecasting only two to four […]

  • Autonomous Electric Trucks , Autonomous Trucks, Autonomous EV Trucks

    Why Autonomous Electric Trucks Are The Future Of Shipping

    by | Industrial

    US truck shipments compromise a $180 billion industry and cost roughly 12 cents per ton-mile today. As automakers are waking up to the realization that electric, autonomous drivetrains are the future of passenger vehicles, ARK’s research shows that commercial trucks will follow in line. Converting diesel trucks into electric vehicles will reduce operating costs, thanks to […]

  • Industrial Robot Costs

    Industrial Robot Cost Decline

    by | Industrial

    According to ARK’s research, industrial robot1 costs will drop by roughly 65%, to levels much lower than most analysts now anticipate, by 2025. Combined with advances in machine learning and computer vision, this drop in costs should cause an inflection point in the demand for robots as they infiltrate new industries with more provocative use […]

  • Collaborative Robots

    The Robots Are Coming… To Help You

    by | Industrial

    Based on our analysis, the robotics industry will be much larger than most experts anticipate, but it will not drive the unemployment rate up. Collaborative robots have become a disruptive force in the traditional industrial robots industry, and will turbocharge the demand for robots to levels far beyond current expectations. Historically, and to the surprise […]

  • auto-loans-banner

    A Crisis Brewing for Auto Loans?

    by | Industrial

    An unexpectedly rapid rise of both ride-sharing and autonomous taxis seems likely to threaten all three of the factors that historically have supported a predictable car loan market. Since 2010, auto loans have increased more than 70% or $0.5 trillion as shown below. In our view, disruptive innovation is primed to hit the auto loans […]

  • EV sales, electric vehicle sales, ark research

    Electric Vehicle Sales Forecasts Are Taking Off

    by | Industrial
    Mentioned Companies: TSLA

    Two respected energy forecasting agencies revised their Electric Vehicle (EV) expectations up by an order of magnitude and still, according to ARK’s research, they are missing the mark by a long shot. Despite a strong year for traditional SUV and truck sales, both OPEC and the Energy Information Administration (EIA) increased their annual EV sales […]