The automotive industry is currently experiencing a period of unprecedented turbulence and uncertainty. On the one hand, the convergence of emerging and disruptive technology-driven trends is driving a seismic shift in business models and changing customer expectations.
On the other, policy makers around the globe are pressuring manufacturers to cut emissions, while making sure consumers pay a premium when it comes to parking, driving or insuring their fossil-fuelled vehicles – especially in heavily congested cities and urban conurbations.
It all adds up to a considerable degree of uncertainty as to what the future holds for the industry.