The internal combustion engine (ICE) has been the world’s dominant form of vehicle propulsion for 100 years and counting. However, global regulatory changes focused on emissions reduction, road safety and fuel-economy improvement are increasing the potential for fully electric, zero-emissions vehicles, which will create a significant disruption to this 100-year-old technology.
February 6, 2019
Are we starting to see the signs of an “extinction-level event” as future vehicle innovation accelerates?
Incredible industry disruption is accelerating the rate at which major auto suppliers must spin off, divest and merge businesses related to the internal combustion engine.
For those who have been keeping tabs on the automotive industry, the electrification of cars is not news. What may surprise you, however, is just how quickly, ruthlessly and thoroughly electrification is taking over the industry.