S&P Global Mobility

At S&P Global Mobility we are proud to say we are the global leader in automotive intelligence and the industry benchmark for clients around the world. We help you make the most informed decisions to capitalize on opportunities and avoid risks because we provide our customers with: ? Access to the most comprehensive data from a trusted partner spanning the entire automotive lifecycle, across all our solutions ? Connection to the largest, most experienced team of analysts and data scientists from the automotive industry to help you capitalize on opportunities and avoid risk ? One trusted partner who is quickly able to react and provide the best support to the inevitable crises and changes that come up in this rapidly evolving market Learn more at?https://lnkd.in/e3egJaFa

The road to the energy transition is paved with #lithium, nickel and copper, among other metals.?With the early days of the battery #metals gold rush now past, the discussion at last week’s?#LME Week?turned to the practicalities of securing strategic metals through mining and refining at a price that reflects the delicate economics of the #energy transition. Start every business day with the?S&P Global?#DailyUpdate?— which offers our analyses of the most pressing developments affecting markets today, alongside a curated selection of our latest and most important insights on the global economy. Join the conversation in the comments, and subscribe?to be notified of each new?edition.

Last call to register for our Quarterly Commercial Vehicle Briefing webinar, happening tomorrow at 1 pm ET! Our experts will cover the current state of the market as well as: ?? The commercial vehicle forecast through 2031 ?? Effects of upcoming regulatory changes on the commercial market ?? Impacts of latest economic trends Register now: https://okt.to/hfJGg7

The debut of a new vehicle model often generates excitement as #automakers eagerly anticipate its market reception. Incremental gasoline model launches play a crucial role in driving business for brands, even as hybrid and electric vehicles rise in popularity. However, a significant challenge with these launches is the risk of cannibalization, where the majority of the new model's sales come from existing customers rather than attracting buyers from competitors. Understanding this dynamic is essential for brands aiming to maximize the impact of their incremental offerings. https://okt.to/4LaYOP #automotiveindustry

Lease payments for luxury #EVs in the US rose substantially at the start of 2020 when the pandemic arrived and stayed elevated through much of 2022. But, starting at the end of 2022 soon after the Inflation Reduction Act (IRA) went into effect, lease payments began to decline both in absolute numbers and relative to loan payments. And, in the first five months of this year, luxury EV lease payments have fallen below loan payments (a more normal relative position for them based on history). https://okt.to/HJBslq #electricvehicles #automotiveindustry

Aiming to enhance your #technology solutions but not sure where to start? Connect with Market Scan from S&P Global Mobility at the Digital Dealer Conference & Expo in Las Vegas! Expert Adam Fedak will be at the event October 8-10, highlighting the importance of consistency in online payment processes. Schedule a meeting with Adam ?? https://okt.to/ifd7z6 to gain actionable insights on how to select the right digital partners, streamline your operations, and boost customer loyalty. #DDCE #autoretail #autotech

In the US, some #OEMs that previously shied away from incentives are now stepping into the game; they're implementing a wave of creative programs and more frequent enhancements. With leasing making a comeback, brands are also focused on recapturing market share lost during the inventory crunch. In our recent Fuel for Thought podcast, experts Michelle Yeung, CPA, Tom Libby and Matthew Trommer joined moderator Guido Vildozo to discuss the challenges facing OEMs and their captive financing groups. Tune in now: https://okt.to/e8nuTg #automotiveindustry #automotivenews

The recall of #BMW vehicles owing to brake-by-wire (BBW) system defects presents short-term challenges such as potential consumer mistrust and delayed OEM adoption. However, the long-term outlook for BBW technology remains promising, driven by trends toward #electrification and higher levels of vehicle #autonomy (Level 3 and above). Modern braking systems extend beyond just slowing vehicles. BBW tech enables features such as automatic emergency braking, adaptive cruise control and torque vectoring, which enhance safety and performance. https://okt.to/2Y8Wvp

When looking at return-to-market households alone, EV owners may be less loyal - but this isn't the full story. When considering EV replacements, we see 3 out of 4 households opted for another EV instead of the initial 2 out of 3. So while EV loyalty may appear lower than expected, a deeper analysis shows that the majority of EV owners are sticking with electric power. This invaluable data is essential for marketers and should not be ignored when developing effective strategies. Read more in our recent newsletter: https://brnw.ch/21wNsSJ #MarketingTips #EVs

#Automakers are facing the challenge of decarbonizing their value chain, with a focus on reducing Scope 3 #emissions, particularly in the use phase of vehicles. Some automakers have set aggressive carbon reduction targets while others have opted for more moderate approaches. In our newest whitepaper, we investigate the rate of conversion from the internal combustion engine as the primary propulsion system to the electric motor. We also explore the tailwinds facing this seemingly unstoppable force, which many thought would have much lower penetration rates in 2024. Finally, we explore the headwinds that remain for #BEVs. https://okt.to/AbQp4g