Given the unprecedented market and disruption impacting the
automotive ecosystem - the industry
is at the critical crossroads of increasing levels of vehicle
propulsion, automated vehicle content, and
navigating the negative impacts of COVID-19-driven volume
reductions. Specifically, the importance
of understanding the dynamics surrounding the growth of propulsion
electrification, the pace of
adoption, and the strategies behind these have led S&P Global and
Center for Automotive Research
(CAR) to jointly consider the way forward. Suppliers of all tiers
need to re-examine their strategies
considering shifting market dynamics, shrinking
research-and-development (R&D) budgets, as well as
delayed/rescoped vehicle programs and technology integration
paths-time for a strategy reboot.
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