Why consumer confidence is critical to a country’s EV transition
Advanced Manufacturing and Mobility Business Minute
by EY Global Advanced Manufacturing and Mobility
5M ago
In this episode of the Advanced Manufacturing and Mobility Business Minute podcast, EY analysts Anuj Chandna and Angsuman Sharma share insights from the latest EY Electric Vehicle Country Readiness Index. The EY Electric Vehicle Country Readiness Index (EVCRI) examines global auto markets and their preparedness for an electric vehicle (EV) future. The most recent index evaluated 20 crucial EV markets, representing over 93% of worldwide EV volumes, to gauge their maturity. The index evaluates three fundamental areas — supply, demand and regulatory — to determine what works in driving the overal ..read more
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Why supply chain disruption is still a concern for A&D companies
Advanced Manufacturing and Mobility Business Minute
by EY Global Advanced Manufacturing and Mobility
6M ago
In this episode of the Advanced Manufacturing and Mobility Business Minute podcast, Raman Ram and Mike Cadenazzi discuss what lies ahead for the aerospace and defense (A&D) sector. While the war in Ukraine continues to drive innovation in the defense industry, defense spending in the US and across Europe has been restrained as countries prioritize reducing deficits accrued during the COVID-19 pandemic. On the commercial aerospace side, airlines and major network carriers are seeking to clear debt from their balance sheets in anticipation of expected increases in air travel demand.   T ..read more
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How understanding consumer mindsets can drive EV enthusiasm
Advanced Manufacturing and Mobility Business Minute
by EY Global Advanced Manufacturing and Mobility
7M ago
In this episode, EY Global Advanced Manufacturing and Mobility analysts Gaurav Batra and Menaka Samant share insights from the 2023 EY Mobility Consumer Index. The Mobility Consumer Index (MCI) is an annual study conducted by EY Global Advanced Manufacturing and Mobility. The study reviews and assesses the latest trends and patterns in the mobility sector. The latest edition of MCI surveyed over 15,000 consumers in 20 countries.  In this episode of the Advanced Manufacturing and Mobility Business Minute podcast, Gaurav Batra, EY Global Advanced Manufacturing & Mobility Analyst Leader ..read more
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Why there is much more to sustainability than building EVs
Advanced Manufacturing and Mobility Business Minute
by EY Global Advanced Manufacturing and Mobility
8M ago
In this episode of the Advanced Manufacturing and Mobility Business Minute podcast, Andrea Weinberger explains why automotive companies need a broader ESG agenda to achieve a more sustainable future. Although the adoption of electric vehicles (EVs) is gaining popularity and considered as one of the crucial steps toward decarbonization, professionals believe that for transforming to a more sustainable future, automotive companies need to address wider topics. These include minimizing resource extraction and depletion, reducing waste and water usage, and promoting circular business models. To ma ..read more
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Why the future of A&D looks bright, even with some turbulence ahead
Advanced Manufacturing and Mobility Business Minute
by EY Global Advanced Manufacturing and Mobility
10M ago
In this episode of the Advanced Manufacturing and Mobility Business Minute, EY leaders Raman Ram and Mike Cadenazzi discuss the impact of changes in the Aerospace & Defense (A&D) sector. The commercial aerospace sector continues to demonstrate resiliency as both global and domestic air traffic volume draws closer to 2019 levels. On the defense industry side, global spending is increasing, and a consistent set of growth drivers is emerging in the US. A&D is recovering from steep declines in airplane production and aftermarket service across the sector. That’s the good news. Increasi ..read more
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What a country’s evolving EV ecosystem needs to drive its transition
Advanced Manufacturing and Mobility Business Minute
by EY Global Advanced Manufacturing and Mobility
1y ago
In this episode, EY Global Advanced Manufacturing and Mobility analysts Gaurav Batra and Anuj Chandna share insights from the latest EY Electric Vehicle Country Readiness Index. The EY EV Country Readiness Index assessed each country’s capabilities and progress concerning the transition to an electric vehicle (EV) future. These 14 countries were then ranked based on how they scored in the supply, demand and regulatory parameters. China’s high number of lithium gigafactories, reliable access to raw materials and a developed public charging infrastructure were some of the factors for ranking fir ..read more
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Why manufacturers are decoupling supply chains to stay competitive
Advanced Manufacturing and Mobility Business Minute
by EY Global Advanced Manufacturing and Mobility
1y ago
In this episode, Claudio Knizek, EY-Parthenon Global Advanced Manufacturing & Mobility Consulting Leader, discusses why businesses are decoupling existing supply chains and repositioning production facilities. Due to a concurrence of large-scale global events, geopolitical issues and wage inflation in lower-cost countries, industrial companies are restructuring their traditional supply chains. According to the EY Industrial Supply Chain Survey, most firms are strategizing and implementing supply chain transformations, including decoupling their existing supply chains, and repositioning pro ..read more
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How consumer preference for EVs is evolving since the pandemic
Advanced Manufacturing and Mobility Business Minute
by EY Global Advanced Manufacturing and Mobility
1y ago
In this episode, EY Global Advanced Manufacturing and Mobility analysts Gaurav Batra and Akshi Goel share insights from the 2022 EY Mobility Lens Consumer Index. Since the onset of the COVID-19 pandemic, transforming consumer behaviors toward travel and modal choices have been shaping the outlook of the mobility industry. As businesses continue to adopt hybrid working models, some of the shifts in mobility patterns are no longer temporary. In fact, both the work and nonwork journeys have declined by 11% and 8% respectively from the pre-pandemic levels. Furthermore, consumer confidence in elect ..read more
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How organizations can actively embrace diversity, equity and inclusion
Advanced Manufacturing and Mobility Business Minute
by EY Global Advanced Manufacturing and Mobility
1y ago
In this episode, EY leaders Kevin Muskat and Darcy Cowell, Toyota Social Innovation Senior Manager Corey Clark, and VP and General Counsel of Interstate Batteries Kelvin Sellers discuss DE&I. Diversity, equity and inclusion are more than just buzzwords. A diverse, equitable and inclusive workspace fosters improved capabilities and higher growth rates. One of the first steps to attaining an inclusive space is to hold ourselves accountable. Businesses should rethink their talent sourcing strategy and take necessary steps to leverage the potential of DE&I. A diverse workforce encourages i ..read more
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How product innovation is proving to be a differentiator in mobility
Advanced Manufacturing and Mobility Business Minute
by EY Global Advanced Manufacturing and Mobility
1y ago
In this episode, EY Global Advanced Manufacturing & Mobility Analyst Avinash Sagar shares key updates from the third quarter earnings calls of 43 mobility sector companies. After a turbulent year, the global automotive sector is showing positive signs of recovery. However, amid a surge in demand, the automotive original equipment manufacturers are still facing challenges to meet the orders due to various market forces. Factors, such as demand patterns, value chain breakdown, consumption behavior, operating costs and new entrants, are forcing automotive companies to rethink their business s ..read more
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