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The pandemic could mean big things for our auto tech industry as more companies consolidate

A global survey of more than 120 auto tech leaders by Informa Tech Automotive Group found that 57% expect that COVID-19 will quicken the pace and rate of consolidation within the automotive industry. In addition, with an increased reluctance to use public transportation, more than 85% agree that COVID-19 will have a lasting impact on the usage of shared mobility solutions. This survey was conducted in preparation for the upcoming TU-Automotive Detroit, ADAS & Autonomous Vehicles, WardsAuto Interiors and UX Conference. More than 75% of respondents agree that the acceleration towards urbanization may reverse with the new remote working paradigm, causing new testing and utilization challenges for autonomous vehicles as more people move to suburban and rural areas.

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Scott

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