By Laurent Coussonnet, business development director, Linxens
The automotive industry is at a crossroads: between technological innovations and environmental challenges, it must reinvent its models for a sustainable future. But which regions, technologies, and policies will shape this global revolution?
Despite a 10 percent growth in 2023, global car sales are expected to slow to 2-3 percent in 2024, far from pre-pandemic levels.
Electric vehicles (EVs), the drivers of this transition, saw record growth of 32 percent in 2023, but rising interest rates and stricter credit conditions will weigh on the ability of households and businesses to finance capacities, postponing some vehicle purchases to 2025. [Read more…] about Automotive revolution: Innovation, industrial autonomy, and global challenges