Summary
The global automotive industry is on the verge of disruption. Four technology-driven trends — electrification, shared mobility, connectivity, and autonomous driving—are leading the automotive industry to this disruption. These trends will shift markets and revenue pools, change mobility behaviour and build new avenues for competition and cooperation.
India -Emerging Scenario and EV ambition
The Indian automotive industry has started to experience these effects of the global disruption. Out of the four emerging trends, Electrification is of importance and might significantly impact auto OEMs and auto component manufacturers. India has......