Thursday, October 11, 2018 03:11 PM

SHARED MOBILITY AND AUTOMATION WILL RESHAPE THE AUTO INDUSTRY BY 2030 - THE FINANCIAL

The FINANCIAL -- Shared mobility and automation are expected to drive a revolution in the automotive industry workforce and production by 2030, according to a new study by PwCs Strategy& consultancy.

Transforming vehicle production: How shared mobility and automation will revolutionize the auto industry by 2030 predicts substantial changes for manufacturers and consumers. Vehicle production will have split between mass-market, largely no-frills cars on demand that will be rented journey-by-journey and more customized vehicles for those who still want to drive, or be driven in, their own vehicle.

PwCs Strategy& expects that this will require original equipment manufacturers (OEMs) to rapidly develop two distinct types of factory. The first will be focused on standardised, networked plug and play vehicles aimed at young, urban drivers. The second flex champion model will produce customised vehicles for a range of consumers, akin to nowadays' luxury prestige market.

The study expects this change to radically alter the current workforce as robots take on a greater share of the work, on both assembly lines and in the R&D function. It is estimated that between 40-60% of todays workers with contemporary skills will be needed on the shop floor, although the required number of data engineers and ...

News source: GOOGLE NEWS

See also: Lyle Industries