Thomas Ziegler, leader of Moore Global’s automotive group, considers the impact the shift from combustion engines to battery powered vehicles will have on the global supply chain.
Auto sales have bounced back and prices and profits for dealers are sky high. However, a looming supply shortage and influx of new technology players threaten the revenue models of traditional franchises.
Suppliers in the automotive industry have a dilemma: continue to develop systems for traditional cars or gamble on electric vehicles which make up only a fraction of global sales.