At the end of the line: How automakers can embrace flexible production

The automotive industry is currently undergoing the greatest transformation in its 100-year-plus history. Customer demand and regulatory pressure mean the number of electric vehicles made, including hybrid models, is expected to increase1 by 466 percent by 2027, and cars will become increasingly autonomous and offer more connectivity. The setback to car sharing and ride-hailing services caused by COVID-19 will be temporary, and we expect shared vehicles to account for around one-third of the market in Europe by 2030 and a greater proportion in the US and China.