“E-mobility: Do suppliers fall by the wayside?”

German car suppliers which are largely still “firmly rooted in traditional car manufacturing” must quickly adapt to the electrification of transport and be willing to cooperate with competitors, or they will “fall by the wayside”, according to an analysis by consultancy Oliver Wyman. “With the increasing success of electric vehicles, value creation will shift to emerging countries” like China, said August Joas, head of the global automotive team at Oliver Wyman, in a press release. The German domestic market was only slowly developing, because the federal government showed consideration for the German traditional car industry in law making.

Read the press release in German here.

Find background in the CLEW dossier The Energiewende and German carmakers.