A watershed moment for the automotive industry

In the next 15 years, electric and hybrid cars will capture more than half of the market. Connected and autonomous driving will open up new earnings potential and digitization will enable double-digit cost reductions. Is the automotive industry facing its biggest challenge of the past hundred years?

At a glance

• By 2030, we expect half of all cars to have an electric or hybrid power train, and almost all cars will be connected.
• To adapt to these new conditions, automakers will have to undertake structural changes in their manufacturing footprints
• But our study anticipates that digitization can reduce structural costs by a quarter.
• What’s more, connected cars and autonomous driving open up enormous earnings potential.