The electric vehicle (EV) market is seeing exponential growth, with a 35% year-on-year increase in sales expected by the end of 2023. However, there are still question marks around whether automotive manufacturers are ready to support wide-scale adoption. Read more…
According to the European Automobile Manufacturers’ Association, over 85 million motor vehicles were built around the world in 2022.The automotive exporters that grew their share of global value the most since 2000 are China (+7.7 pp), Mexico (+3.2 pp), and…
Shifts in the mobility market are projected to create more that 25 billion in new value from 2025 to 2030. It is expected that relevant industries like insurance , commercial leasing and traditional financing for new B2C passengers will boost…
Our journey through time, especially in the field of the automobile, continues with the threads of our decisions. Each choice, investment, and innovation resonate across decades, influencing the trajectory of our civilisation. Read more in the digital speaker THE FUTURE…
The global automotive industry, if it was to be considered a country, would rank sixth in economic size. It generates around three trillion dollars in annual revenue and directly employs around 14 million workers. Read more in blogs.lse.ac.uk The supply…
Swedish startup Luvly is developing an ultra-efficient electric microcar — and like the furniture made by its compatriot Ikea, Luvly’s tiny EV will ship flat. Read more in Free think This $11,000 microcar ships flat like IKEA furniture By Kristin…
Since the COVID-19 pandemic, Americans have taken on significantly more debt to buy vehicles. This is especially true for Gen Z and Millennials, who the Federal Reserve believes may have borrowed beyond their means. Read more in Visual Capitalist The…
Consumers racked up more than 15 billion hailed-mobility trips in 2019, with revenues reaching $130 billion. By 2030, total revenues from hailed mobility could increase to between $450 billion and $860 billion, accounting for 80 to 90 percent of consumer…
Customers are expecting exceptional customer service with automobiles. For example, selling cars at transparent prices, one-click access to in-car services, and creating seamless online-offline journeys. Read more in bacancytechnology Top 10 Automotive Industry Trends and Technologies to Look for in…
There are big challenges around the software-defined vehicle. Strong, long-term industry collaboration is key to overcome them in an efficient and safe way. Read more in weforum 3 ways intelligent cars can positively impact our daily mobility By Maya Ben…
