Volkswagen, BMW, Daimler, Ford and GM have upped the ante on electrification programmes. The incumbents are joined by China based start-ups Byton, Nio and Rivian and others.
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Tesla will build a car factory as well as an engineering and design center in the greater Berlin area, Elon Musk, CEO of the US electric car maker said Tuesday evening.
A squeeze on automotive suppliers, together with the adaptation of new technology, will lead some major players to play a bigger role in overall vehicle development cycles, especially in shaping customer user experiences
As OEMs and automotive parts suppliers see their margins decline, cost pressures are going to increase on logistics operations and service providers further down the supply chain
