PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1235269
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1235269
Evolving Digital Transformation, Changing Customer Needs, and Adaptive Technology Strategies of Global Automotive OEMs Create Several Revenue Generation Opportunities
The growth of digital tools and technologies has created new business models for the automotive industry. Today's automotive OEMs are shifting from selling cars to providing mobility solutions by exploring opportunities in several markets, such as electric vehicles, connected and autonomous mobility, and others, to create revenue opportunities. This report aims to identify various business models connected to emerging markets and how automotive OEMs can generate extra revenue. For automakers, there are several lucrative additional revenue-generating areas, including mobility as a service, commercial charging stations, non-fungible tokens, purpose-built vehicles, and connected car features.