Industries like the global auto industry are right in the middle of the largest and fastest transformation it has ever encountered. All these waves of change are currently happening in parallel:
Electrification
Due to more stringent emissions and fuel consumption regulations, the transfer of the automobile powertrain from internal combustion engines to electrically driven vehicles is inevitable.
Digitalization
Future vehicles will be always connected, and be a part of the client’s digital ecosystem.
Business Model
Traditionally, car companies have sold their vehicles to clients through their dealer network. With the advent of on-demand personal mobility offers like Uber or Lyft, there is a strong push from owned to pay per use models.
Autonomous Driving
The biggest “elephant in the room” will be highly automated and fully automated vehicles.