A dynamic ecosystem, the automotive industry, with its high capital expenditures (CapEx), complex supplier relations, environment and safety regulations, and rapidly evolving consumer preferences, is on the verge of a profound change.
In 2021, the global auto industry faces new challenges:
- New participants with entirely different product life cycles and client channels enter the ecosystem, making it even more complex.
- The aftermath of the COVID-19 outbreak reshaped supply distribution and client behaviors, forcing automakers to rethink their approach towards R&D investments focused on autonomous and EV technologies.
What is needed to sustain growth in this highly dynamic environment is a strategic approach to innovation and a sharp focus on operational efficiency.
Included in this Whitepaper are data about:
Strategic Partnerships to Drive the Automotive Industry