Automated robot arm manufacturing electric vehicles

How product innovation is proving to be a differentiator in mobility

In this episode, EY Global Advanced Manufacturing & Mobility Analyst Avinash Sagar shares key updates from the third quarter earnings calls of 43 mobility sector companies.

Related topics Automotive Transportation

After a turbulent year, the global automotive sector is showing positive signs of recovery. However, amid a surge in demand, the automotive original equipment manufacturers are still facing challenges to meet the orders due to various market forces. Factors, such as demand patterns, value chain breakdown, consumption behavior, operating costs and new entrants, are forcing automotive companies to rethink their business strategies and restructure their operations. 

To maintain a competitive advantage over their peers, mobility companies are acquiring companies operating in areas such as battery cell manufacturing, vehicle-to-everything software and autonomous driving. Although impacted by supply chain disruptions and raw material shortages, the mobility industry remains confident of leading recovery in the coming months. Automotive companies are optimistic that proactive measures such as product design and innovation, and business restructuring, can help them achieve their long-term business goals. 

Key takeaways:

  • Automotive suppliers remain confident in recovering their volumes and achieving profit margins due to the effects of electrification trends, cost management programs and strategic partnerships.
  • Changing consumer behavior and mass adoption of digitalization has given the mobility industry a new revenue opportunity. The companies are responding by taking greater control of the digitalized services instead of leaving them for a third party.
  • Logistics providers are investing in technology to reduce operational inefficiencies, improve supply chain visibility and increase collaboration with consumers. The advent of new entrants in the transportation and logistics space is slowly transforming the industry’s landscape.

For your convenience, full text transcript of this podcast is also available. Read the transcript.

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Presenters

Avinash Sagar
EY Global Advanced Manufacturing & Mobility Analyst

Podcast

Episode 20

Duration 09m 36s

In this series

series overview
(Event List - Manual)

How product innovation is proving to be a differentiator in mobility

In this episode, EY Global Advanced Manufacturing & Mobility Analyst Avinash Sagar shares key updates from the third quarter earnings calls of 43 mobility sector companies.
Podcast

Episode 20

Duration
09m 36s

Three priorities for advanced manufacturing in 2022

In this episode, EY global analysts Mohit Ahuja and Julia Rosenthal share highlights from 3Q21 earnings calls of 31 advanced manufacturing companies.
Podcast

Episode 19

Duration
17m 11s

How environmental concern became the top driver for purchasing an EV

In this episode, Gaurav Batra, EY Global Advanced Manufacturing & Mobility Analyst Leader, discusses the findings of the latest EY Mobility Consumer Index (MCI) wave 2 research.
Podcast

Episode 16

Duration
11m 00s

Presenters

Gaurav Batra

EY Global Advanced Manufacturing & Mobility Analyst Leader, EY Knowledge