Accelerating Electrified Vehicle Production Through Risk-Mitigating Partnerships
A guide for meeting the manufacturing demands of power & charging technology.
While it is common knowledge that the electrification of automakers’ fleets is on its way, the pace of adoption may surprise some. Compared to approximately 3% of today’s market, IHS estimates that 50% of all cars sold by 2026 will have electrified drivetrains (MHEV, HEV, PHEV or BEV). This from niche market to mainstream mobility is visibly in-process, particularly with substantial increases in EV range and battery charging speeds.
To meet this level of adoption, the automotive industry can create manufacturing ecosystems that will accelerate time to mass-market of electrified vehicles, while managing the risks associated with:
- Product Design & Development
- Investments & Asset Management
- Supply Chain & Unforeseen Events
- Specialized Manufacturing & Localized Footprint
- Fluctuations in Demand