But there’s an onslaught of another kind that’s afoot in the global automotive industry at present, and it’s one that’s focused on consolidation. The paradigm shift that’s taking place – centred around electrification, autonomous driving technology, shared mobility, etc. – means that the levels of investment required to stay at the top of the game are unprecedented, and if you’re a carmaker you simply can’t afford to do it alone anymore.
This story is from the March 30, 2020 edition of Outlook.
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This story is from the March 30, 2020 edition of Outlook.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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