PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1660640
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1660640
Light Vehicle Production is Experiencing Transformational Growth Due to Product Portfolio Electrification
The global automotive industry experienced dynamic transformations in 2024, driven by rapid advancements in powertrain technologies and shifting production strategies. As the industry adapts to a growing demand for electric vehicles (EVs) and hybrid powertrains, major original equipment manufacturers (OEMs) are refining their model portfolios to cater to diverse consumer preferences.
This study provides a comprehensive analysis of the global automotive production landscape, projecting trends up to 2030 and offering detailed regional insights for Europe, North America, South America, Asia-Pacific (excluding China), and China. Other important information include:
Through this, the study delivers a holistic understanding of the automotive production ecosystem, highlighting the investments and partnerships shaping the industry's future trajectory.