Electrification has emerged as the biggest megatrend of the automotive industry. Automakers are scrambling to launch new EVs in response to tightening vehicle emission rules, which can only be met once the product lineup is substantially electrified. The impact of electrification is not limited to the electric drivetrains but also to other areas in vehicles including chassis and underbody, interior and lighting.
Electrification has emerged as the biggest megatrend of the automotive industry. Automakers are scrambling to launch new EVs in response to tightening vehicle emission rules, which can only be met once the product lineup is substantially electrified. The impact of electrification is not limited to the electric drivetrains but also to other areas in vehicles including chassis and underbody, interior and lighting.
The new report on Vehicle lighting under the impact of electrification assesses the impact of vehicle electrification on automotive lighting. The report uses S&P Global Mobility’s light vehicle production forecast as well as component forecasts for lighting systems. All forecast data used in this report is true as of August 31, 2023.