This article looks at the main drivers shaping the future of the automotive sector and offers advice for legacy automotive manufacturers faced with both a complex transition from internal combustion engine vehicles and intense competition from newer electric-only brands, such as Tesla.
There are several factors that are irretrievably changing the automotive market including global drivers and industry-specific drivers that affect legacy manufacturers.
Global drivers:
- Climate change (emission control)
- Supply chain disruptions
- Car buyers...
