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Trends Shaping the Automotive Industry in 2022

Epicflow

This year, the automotive industry is expected to continue its recovery following the headwinds of tough 2020. C-V2X technologies are gaining momentum among automotive original equipment manufacturers, city infrastructure manufacturers, and electronic module suppliers. Automotive Business Trends. Conclusion. References .

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3 Drivers of China’s Booming Electric Vehicle Market

Harvard Business

Norway, and other Scandinavian nations were early adopters of EVs, and Germany and Japan have long been automotive powerhouses, their EV markets have lagged in mass market adoption compared to China. In 2022, new EV sales in China grew by 82%, and the country provided 35% of global EV exports. While the U.S., How did China get to this point?

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Sustainability: The Growing Importance of ESG Metrics

Tom Spencer

This article delves into the rising importance of ESG metrics, how companies are integrating them into their operations, provides leading examples, and highlights the evolving regulatory landscape. Governance Metrics: These assess the quality of a company’s leadership, executive compensation, and adherence to ethical standards.

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Digital Transformation in Manufacturing in 2024: Benefits & Examples

Epicflow

Examples BMW automotive manufacturer utilizes AI-driven technology Car2X that enables real-time interaction between the vehicle and the BMW production system during the manufacturing process. It’s widely used in manufacturing, especially in industries that require creating complex products like in aerospace and defense or automotive.

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Embracing Healthy Tensions in a Matrixed Organization

Kates Kesler

long term vs short term investments, M&A activity, enterprise vs operating unit accountability). When a large automotive company shifted its organization model from a product center-of-gravity to a customer-centric model, its leaders initially believed the matrixed tensions were unnecessary complexity and associated tension with “failure.”

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US Market Entry Challenges That Require Overcoming

Business Consulting Agency

Successfully entering the US market requires navigating a competitive landscape, understanding legal regulations, adapting marketing strategies, and managing operational costs effectively. Regulations can vary significantly from state to state, adding complexity for businesses that plan to operate nationwide.

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Entering the US Market: How Consultants Help Foreign Companies

Business Consulting Agency

Risk Mitigation: By identifying potential risks and challenges, consultants help companies proactively mitigate risks, enabling smoother operations and safeguarding against unforeseen obstacles.