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The automotive industry is undergoing a significant transformation with a growing emphasis on Electric Vehicles (EVs), leading automakers to restructure operations by segregating EV and Internal Combustion Engine (ICE) units to align with market trends
Carmakers are ditching the old assembly line and building cars in a smarter way. Instead of each model having its own unique frame, they’re designing platforms that can be used for multiple vehicles. This “modular manufacturing” lets them build cars faster and more efficiently. Plus, they’re ditching heavy materials and using lighter weight stuff to make cars more fuel-efficient
By 2030, half of new cars in the US and a whooping 70% in China might be electric. Worldwide, electric car sales are expected to jump 12.8% every year till 2034. This race towards electric is fueled by worries about the environment, gas prices, and government helping hands
Executive Summary
– Key Development
– Trends Going Ahead
– The Transition to EV
– CrispIdea Outlook
– Conclusion
Key Players
– Lucid Group, Inc.
– General Motors Co
– Ford Motor Company
– PACCAR Inc.
– Rivian Automotive, Inc.
– Tesla Inc
– Hyundai Motor Company
– Traton SE
– Mercedes-Benz Group AG
– Toyota Motor Corporation
– Daimler Truck Holding AG
– Volkswagen AG
– Honda Motor Co., Ltd.
Company Reports
– Lucid Group, Inc.
– General Motors Co
– Ford Motor Company
– PACCAR Inc.
– Rivian Automotive, Inc.
– Tesla Inc
– Hyundai Motor Company
– Traton SE
– Mercedes-Benz Group AG
– Toyota Motor Corporation
– Daimler Truck Holding AG
– Volkswagen AG
– Honda Motor Co., Ltd.
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