<img height="1" width="1" style="display:none;" alt="" src="https://px.ads.linkedin.com/collect/?pid=1448210&amp;fmt=gif">

What Does the Slowdown in the EV Transition Mean for the Software-Defined Vehicle?

By James Hodgson | 04 Sep 2024 | IN-7512

There are now clear signs that the Electric Vehicle (EV) transition is slowing. After extraordinary growth in 2022 and a solid performance in 2023, the automotive market is returning to a more gradual pivot to net zero. Given the wholehearted enthusiasm for EV expressed by many Original Equipment Manufacturers (OEMs) in recent years, accompanied by bold plans for a fast pivot to a 100% EV model lineup, the entire automotive supply chain readied itself for a pure EV environment as the context in which the Software-Defined Vehicle (SDV) megatrend would ramp up. Now, with Internal Combustion Engines (ICEs) set to hang around for longer than anticipated, how should suppliers of enabling technologies for SDV adapt?
Checking your access...

Written by James Hodgson

Research Director
James Hodgson, Research Director at ABI Research, conducts research related to the field of autonomous driving and smart mobility, with a focus primarily on quantitative forecasting and analysis in the areas of Advanced Driver-Assistance Systems (ADAS), autonomous driving, and connected infotainment. James also writes reports on the transformative effect of automotive technologies on personal mobility and ecosystem dynamics.