OEMs adopt partnership model to develop next-gen connected car solutions

Automakers are increasingly leaning toward tie-ups to develop advanced connected car solutions

Over decades, global automakers have developed capabilities to efficiently mass-produce cars with just-in-time sourcing parts through a robust and diverse supply chain. This led to an era of high-volume production and a profitable and highly efficient manufacturing industry. This successful model of the modern automotive industry is starting to change as new megatrends such as autonomous driving, connected cars, along with software-defined vehicles and digital technologies become a huge part of today’s cars.