Automotive Revolution: Shoup Parts At The Forefront Of Industry Disruption

Webthe factor “mobility” is decisive in influencing the social and economic development of a nation. Webwe drafted eight key perspectives on the “2030 automotive revolution” to provide insights into the kind of changes that are coming and how they will affect traditional oems and suppliers, potential new players, regulators, consumers, national car markets, and the automotive value chain. Webthe automotive industry is undergoing a profound transformation in its transition to production of electric vehicles. This paper seeks to examine the main transformations taking place in global value chains in the automotive industry as a result of this transition. Hundreds of conversations with executives of mobility players and public sector stakeholders across the globe.

During the initial pandemic lockdowns, the automotive industry was hit hard, as global supply chains ground to a halt, manufacturers and dealers temporarily.