COVID-19: Impact on L2–L5 Strategy and Deployment
The COVID-19 virus has highlighted existing challenges while creating new complications, forcing automakers to navigate current product investment with critical plans for future technology deployment.
The COVID-19 virus has significantly disrupted the global automotive industry, causing many OEM production plants and more than 300 supplier plants to stop operations around the world. This ecosystem disruption will impact more than just vehicle production, with R&D and vehicle technology investment being key targets for budget reduction and strategy realignment.
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