Automotive reports

In an increasingly uncertain global automotive landscape, market stability and trusted trading relationships matter more than ever. They underpin investment, competitiveness and the delivery of ambitious regulatory targets that were designed around very different assumptions – namely a flourishing global market, falling costs and strong consumer demand. As we heard at a sold out SMMT Electrified conference yesterday, those assumptions no longer hold. Longstanding global partnerships are under strain and cost pressures have intensified, placing unsustainable burdens on an industry striving to deliver decarbonisation.