Can the Airbus approach transform the European automotive industry?
Car manufacturers are seeking insights from the aerospace industry for inspiration on navigating the electric vehicle revolution.
This issue of The Mobility Week in Review explores the proposition of establishing an Airbus-like entity within the auto sector, Chinese firms' strategies to slash battery production expenses, the groundbreaking pact between Airbus and TotalEnergies for cleaner fuel usage in aviation, the impending automation of segments of Madrid's metro system and the yearly financial outcomes of industry giants like Mercedes and CAF.
Let's dive right in...
🇪🇺 European manufacturers' alliance to accelerate EV adoption begins to gain support
Acknowledging the issue is crucial when facing a problem. For years, European automakers hesitated to confront the effects that electrification in mobility might have on their operations. However, the start of 2024 is marking a significant shift towards realism for the sector. Luca de Meo, CEO of the Renault Group and president of ACEA, the employers' association for the European automotive industry, became the newest leader to pivot the conversation, drawing inspiration from the aerospace sector to do so.