In this episode of the Advanced Manufacturing and Mobility Business Minute podcast, speakers Raman Ram, Mike Cadenazzi and Mike Iacono examine the turbulence shaping the aerospace and defense sector. While airlines are placing more orders, supply chain issues and safety concerns are impeding production rates. Pilot shortages have become an issue, particularly for regional carriers. In terms of deal activity, private equity has championed creative financing solutions and has emerged as a net buyer despite complex market fundamentals. Regulatory scrutiny remains a significant concern, necessitat ..read more

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

In this episode, Gaurav Batra, EY Global Advanced Manufacturing & Mobility Analyst Leader, discusses the findings of the latest EY Mobility Consumer Index (MCI) wave 2 research. Almost 41% of those looking to buy a car are considering buying an electric vehicle (EV). The EV sales boom is a part of a wider resurgence in car buying. Catalyzed by nonwork-related journeys and coupled with concerns over the safety of public transport, cars are considered a safer and more convenient choice for travel even as the pandemic risk declines in many countries. Though the prospect of an EV sales boom is ..read more

In this episode, EY global analysts Julia Rosenthal and Mohit Ahuja share their insights on how manufacturers can prepare for end-market recovery. Advanced manufacturing companies are transforming themselves into future-ready enterprises. Organizations are making sustainability a core part of their business strategy as they now recognize the opportunity for tremendous value creation through sustainable offerings. Companies are also adopting digital measures to safeguard business continuity. However, while demand in key regions and end markets continues to recover, supply chain disruptions and ..read more

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

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

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

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

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

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