The potential of collaborative business model innovation in automotive eco-systems

Authors

Georg von der Ropp, BMI Lab Deutschland GmbH

Year

2019

Summary

After decades of growth and success the automotive industry is facing heavy turbulences and upheavals. The era of Diesel engines for passenger cars seems to be coming to an end. Across the board, the future of all combustion engines is being questioned.
In China, one of the most important automotive markets, sales of electric vehicles have increased by more than 50 % in 2018, whereas sales of cars powered by combustion engines have been falling steadily since 2nd half of 2018. State imposed minimum quota for EVs and further incentives, like an immediate car registration, will accelerate this development further.
Trends and customer behavior are changing rapidly. While the demand for mobility continues to grow, the need for owning a vehicle is declining. The ongoing trend of urbanization leads to more and more traffic jams and congestions. This strengthens the demand for mobility as a service, e.g. by sharing vehicles or hailing rides.
The trends predicted to shape the future of the automotive industry are car connectivity, autonomous or assisted driving, car sharing and electrified  components (CASE). Although it is questionable when and to what extent these developments will prevail, the future for the automotive industry will change dramatically and these shifts will affect every actor.

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