The Auto Industry is Undergoing Massive Transformation
A revolution in automotive ecosystems is occurring — from vehicle to back-end operations.
The automotive industry is influenced by various macro factors like environmental sustainability, human conditions, economic development, societal change, global politics, and technology priorities. Additionally, industry-specific factors include rethinking shared mobility, changing consumer needs, and shifts in commuting patterns due to remote work.
We’re starting to see that companies are looking to not making money just as the vehicle is sold for the first time and getting profit on the sale, but looking at how they can generate service revenue over the life of the vehicle.
- Steve Bell, Wards Intelligence
Watch Now: Featured Key Takeaways
The Transformation of the Industry
Our speaker talks about how to change along with the industry and stay relevant.
Strategic Scaling: Driving EV Growth
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