Automotive industry heading in a new direction

Global megatrends are redefining the automotive industry, shifting power within the current supply chain structure and forcing OEMs and suppliers to rethink their current operational and production models.

The entire industry is being challenged by decarbonisation, digitalisation and connectivity, shared mobility and autonomous driving, presenting opportunities across the entire production and supply chain for traditional and new industry players.

Do you need to meet the challenge? Listen to our webinar.

The current global healthcare crisis has, and will have, an impact on short-term production and supply chains across the automotive sector. However, industry leaders are confident that the mid- to long-term changes and investment in decarbonisation and electrification being driven by global trends will continue. Business Sweden’s local expertise and presence on-the-ground can provide invaluable support for Swedish companies in their goals to retain market position and continue to be part of delivering solutions for global economic growth and automotive industry transformation.

For more information about the impact to the Chinese automotive industry, click here.

WEBINAR: Shifting gears in the European automotive industry

On May 20th we held an informative industry focused automotive webinar. Topics covered by our expert panel included:

✓ The short term impact of the Covid-19 pandemic on the automotive industry as well as new initiatives and support packages

✓ The mid- and long-term growth opportunities as outlined in our report, Accelerating Change

✓ The European automotive market operational and legislative response to global megatrends

Industry experts from BIL Sweden, DriveSweden and FKG joined Business Sweden’s global automotive team webinar where they discussed industry insights about from our report, Accelerating Change.

Megatrends

Across all industries global megatrends are redefining the way businesses operations and production in relation to goods and services. And the automotive industry is no exception.

Global markets are all responding to consumer behaviours and preferences in different ways, while also trying to meet legislative and technological developments. Find out how global automotive giants Europe, China and the US are evolving for the future.

Decarbonisation

Green energy is set to supersede ICEV as the primary energy source, driven by regulations and consumer demand.

Connectivity

Digitalisation across production processes as well as within the end product and services is influencing and reshaping the entire supply chain.

Shared mobility

Consumers are demanding innovative modes of transport which is transforming the type and volume of vehicles produced by the market.

Autonomous driving

Autonomous vehicles are carving out a space in niche markets and are set to become widely accepted with improved regulations on data and liability.

450%
increase in electric car models produced in Europe by 2025.
50%
global revenues from service-oriented value chains by 2030.
USD 21 B
R&D investment by US automotive industry in 2017.
122%
y/y growth in China's production of PHEV in 2018.

Take control of your future in Europe’s automotive industry

Business Sweden has extensive experience and a network of contacts across the entire automotive ecosystem which can help you ensure your business strategy is aligned with industry trends and demands. Contact us to find out how we can help you collaborate, innovate and grow in the global automotive industry.

Carsten Grönblad
Nina Lindberg
Carsten Grönblad