How coronavirus is reshaping the mobility industry, from EVs to supply chains
The current crisis is first and foremost humanitarian, with 300k casualties to date worldwide and massive joblessness. It is also economic, with almost all companies having financial difficulties and many collapsing. However, a few sectors are currently booming (e.g. deliveries), some will benefit from a crisis-induced tailwind, while others will continue to suffer for years to come. Many countries are still largely shut down, while others are re-opening. Economies are initiating a reboot. Depending on the forecasting analysts, the 2020 automotive market may be down 10-15% in China and 15-25% in Europe and the USA. Even if it is too…
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