Traditional OEMs (original equipment manufacturers) have dominated the global automotive industry for decades. Yet increasingly, rapid advances in electric, connected and autonomous vehicle technologies mean cars are becoming both a mode of transportation and a third space for passengers - an extension of their digital living and working environments.

This Mobility Paper will cover:

• Governments Propelling EV Adoption
• The Game Changers
• The Key Issues for Automakers
• Building the Car of Now
• The Car of the Future is Here
  
  

Key Takeaways

• Newer automakers appear to have a major advantage, but the market remains fiercely contested.
• Consumers increasingly want vehicles that are environmentally clean, connected to the Internet, and comfortable.
• Legislation and technology have driven this process with the demand for a move away from fossil fuels and lower emissions.
• These vehicles feature highly customised user experiences powered by big data, with unique features and innovations enabled by the convergence of IoT, AI and 5G.
• Connected vehicles deliver far more than just getting passengers from point A to point B. The new mobility experience is defined by platform services, content, social networks, transactions, data, and individualised customer preferences.
• Digital services and in-vehicle advertising will play a growing role in automakers' future plans.
• While consumers enjoy a variety of new choices, automakers face a number of political and economic challenges.
• The on-demand economy and tech innovation have created a new paradigm for the auto industry, with electric vehicles leading a sea change.
  
  

Contributing Editors

• Brian Rhodes, Research and Analysis Manager, Connected Car and Vehicle Experience, S&P Global Mobility.
• Hui Song, Senior Consultant, Automotive Consulting, S&P Global Mobility.