Disruptive technologies and business models are driving the greatest restructuring of the transportation industry since the replacement of horses by the automobile over 100 years ago. Although the pace of change is exponential, there is time for vehicle suppliers to adapt their business strategies and product mix for the significant transition that will play out over a decade.
Much has been written about rapid advances occurring in battery storage, solar technologies, artificial intelligence, and ride sharing business models, all driving the emergence of full battery electric vehicles (“EVs”). The Battery Electric Vehicle: Auto Supplier Disruption on the Horizon report distills key technical and market developments we can expect and analyzes the rate at which these changes will impact automotive original equipment manufacturers (OEMs), suppliers and adjacent businesses.
Finally, the report outlines strategic options for companies that operate in the automotive industry.
Click here to read the report.