Automotive's New "ICE" Age: From Combustion to Chips | Supply and Demand Chain Executive
Monopoly919 For 100 years, the automotive industry has been refining its processes around the Internal Combustion Engine. The historic pace of change for OEMs and suppliers will seem like a Sunday stroll compared to the simultaneous surge of disruptions it is facing beyond the current pandemic. A recent McKinsey study estimated that by 2030, 100% of all new vehicles will be connected, 50% of passenger vehicles will be autonomous, 30% of all miles driven will be shared and electric vehicles (EVs) will secure greater than 30% of the market. These innovations are summarized as C.A.S.E. ...