The future of software-defined vehicles is huge. Forecasts peg the market at $510 billion by 2030. Detroit and other legacy automakers may not have enough talent to thrive in the new era.
AlixPartners defines disruption as “the displacement of businesses, markets and value networks as a result of economic, societal, environmental, political, regulatory or technological changes.”
California regulators may update BEV labels to include improved electric driving range and charge time information, and efficiency metrics more relatable to consumers (e.g., miles/kWh instead of kWh/100 miles).