Empower Your Team with the Industry Best Practices and Megatrends for Growth!

The automotive landscape is transitioning to full electrification, marked by the rise of electric vehicles (EVs) and a diverse ecosystem with new automakers and technology disruptors. Mobility automation best practices, including sensors, robotics, and data analytics, hold promise for cost reduction and operational streamlining. Notably, with the electric transit bus and coach industry growing at a rate of 12.6% CAGR, the future of mobility looks more promising than ever.?

Is your organization prepared for the upcoming transformation?

The latest Frost and Sullivan Growth Opportunity Newsletter for Mobility equips your team with best practices to transform and lead in the dynamic business landscape. The topics in the Newsletter cover:??

• Best practices for Lucid Motors to lead with the longest EV range of 516 miles, surpassing Tesla and Porsche.?
• The unique business model followed by Kavak, the 1st unicorn from Mexico transforming the used car industry.?

How is the global mobility landscape evolving in response to the widespread sustainability megatrend and a clear preference among consumers for eco-friendly options??

Emission regulations, battery price drops, and tax exemptions will drive the growth of electric buses across the world. The lower total cost of ownership of electric buses in comparison to diesel buses and the push for developing charging infrastructure will make electric buses a profitable option from 2024 to 2026.??

Few Megatrends in the Global Mobility Landscape:?

• The global electric bus industry size will reach more than 160,000 units by 2030 leveraging disruptive technologies.??
• The Joint Initiative for Hydrogen Vehicles across Europe (JIVE) project will encourage the adoption of fuel-cell buses.??
• Lower battery prices and improved charging infrastructure will drive the global expansion of Chinese electric bus manufacturers and boost electric bus adoption by 2030.?
• The Zero-emission Bus Rapid-Deployment Accelerator (ZEBRA) partnership aims to expedite the deployment of zero-emission buses in major Latin American cities, fostering electric bus adoption.?

The Chinese commercial truck industry is experiencing robust growth, with emerging opportunities amidst evolving freight demands, seamlessly aligning with the abundant investment opportunities in the booming e-commerce realm. With national e-commerce retail sales soaring to $1.93 trillion and 165 cross-border e-commerce test zones established, the growth potential is undeniable.?

• What strategic moves can your business make to capitalize on these megatrends??
• What innovative approaches can your team adopt to stay competitive??

Europe's heavy-duty electric truck industry is rapidly growing, spurred by the push for zero-emission vehicles under the low-emission mobility strategy. Municipalities and local authorities are leading this charge, fueling the adoption of low-emission vehicles and deploying robust charging infrastructure. Amidst this dynamic environment, several growth opportunities emerge:?

• Advancements in battery technologies such as solid-state lithium and lithium-sulfur promise higher energy density and longer lifespan post-2027.?
• Fuel cell technology continues to improve in terms of power density and durability, paving the way for more efficient electric trucks.?
• Fluctuations in crude oil prices and reduced maintenance costs will significantly benefit the total cost of ownership of electric trucks, especially with the anticipated decline in battery prices after 2025.?

• Lower ownership costs, along with attractive leasing options for batteries and trucks, and improved access to charging infrastructure, will encourage smaller fleets to transition to EVs.?

Explore More Growth Opportunities:

Don’t miss out on our Transformational Journey section which provides thought leadership to execute key growth opportunities.

Transformational Opportunities in the Automotive Mobility?

Assess online automotive sales growth, green material adoption, gigacasting popularity, and our growth strategies.?

Megatrends in the Passenger Car Cockpit Solutions

Who are the trailblazers pioneering new technologies, and where do the core growth opportunities lie? Do you have a growth pipeline strategy??

This is a short version of Frost & Sullivan’s Growth Opportunity Newsletter. Sign up here to get the full edition in your inbox every month.

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