The automotive business is no longer what we once knew it to be. We are currently engaged in the next evolution of the automotive industry, the mobility ecosystem.
Advances in connected and autonomous technology, the switch to software-defined vehicles, the focus on sustainability, and constantly shifting customer expectations are today’s megatrends that are challenging traditional manufacturers while also opening up exciting new prospects.
The automotive industry is developing a new value chain as a result of all of this. Companies need to be innovative in how they reconfigure their goods, organise their businesses, employ technology, and reinvent the experiences and services they provide to their customers if they want to succeed in the next iteration of the automotive industry.
It’s time to embrace the ecosystem and work together across industries to discover new opportunities for innovation and successful collaboration.