The automotive industry is the crucible for so many of the fundamental changes that are taking place in manufacturing because of technology convergence. OEMs and the supply chain recognise the need to adapt to the dynamics and consequences of technology convergence and megatrends but are still struggling with the scale and speed of the change necessary.
This paper provides insight and analysis based on research and survey data on the evolving automotive supply chain and the emergence of smart manufacturing associated with industry megatrends, in particular the escalating shift to electric vehicles (EV). The survey confirms the impact of the mainstream trends, and that the industry is on the threshold of change.
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