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ARTICLE · 06 SEPTEMBER 2021

Electric Dreams In Auto Can Only Be Realised Through Bold Industry Transformation

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Successfully shifting from fossil fuels to full electrification is a challenging enough objective for the automotive industry to wrestle with during the decade ahead.

United KingdomTransport
Andrew Bergbaum
Andrew Bergbaum
Nicholas Parker
Nicholas Parker
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Successfully shifting from fossil fuels to full electrification is a challenging enough objective for the automotive industry to wrestle with during the decade ahead. The fact that the 2020s began with a pandemic has only served to accelerate the need for industry transformation, as the monumental impact of COVID-19 brought many more disruptive macroeconomic issues to the fore.

This year's AlixPartners Disruption Index reports that COVID-19 features low down the list of top concerns for automotive executives, but there is little doubt that the events of 2020 have magnified the intensity of the other trials ahead. Indeed, respondents in the industry display confidence levels some way below the all-industry global average when it comes to their businesses' ability to withstand disruptive forces, with less than a third reporting high confidence in this area.

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