Managing Director, Munich
AlixPartners unveiled a new index designed to give the automotive industry and those with an interest in the industry, including governments around the world, a more meaningful tool than heretofore existed for measuring the progress of companies and countries in the march toward the electrification of cars and light trucks.
Our European auto team discusses the state of the automotive industry, predicting continued growth across all regions to more than 100 million vehicles produced per year by 2020.
We expect electric and hybrid vehicles to make up two thirds of the automotive market by 2030. Marcus Kleinfeld highlights the variation in such growth across regions. Jens Haas discusses how China will play a role in driving this growth as the nation becomes a leader in the electrical technology industry.
Andrew Bergbaum, Nick Parker, and Dario Duse discuss the transition of the auto industry from traditional power trains to the production of electric vehicles. Although they expect labor requirements to decrease in the long-run as the market for electric vehicles grows, they predict a short-term increase in capacity requirements as the auto industry undergoes a shift toward hybridization.
Elmar Kades, Laurent Petizon, and Andrew Bergbaum discuss the auto industry’s growing rates of investment in R&D and CAPEX as shifts towards electrification and automation make the industry much more attractive to investors. Europe is expected to hold its place at the forefront of these developments.
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