Key trends for the automotive industry
#1. By 2030, the automotive industry will likely look completely different than it does now – and companies are chasing that growth, and the new workforce that comes with it. In the next 10 years, automotive companies will need more workers trained in automation, robotics, and Artificial Intelligence (AI).
#2. Autonomous vehicles are expected to be on the road by 2030, requiring an entirely new skillset in machine learning, computer vision, sensor processing, and more to design the guiding intelligence of autonomous cars.
#3. Electric vehicles, too, will continue to have a big impact on the automotive industry. By 2025, an estimated 25% to 35% of all cars sold will be hybrid cars, plug-in cars, or fully electric vehicles. That demand will place increased pressure on companies to build new platform architecture to support advanced driving technologies
#4. Companies will need to upskill or reskill their workforce to meet the demand for different types of engineers, specialists, service teams, and much more – leading to a big impact on their talent strategies.
#5. All this comes as the industry grapples with a more digitalized future where Gen Zers will emerge as key decision makers across the world, shifting consumer patterns and behaviors. Ensuring business continuity requires a deeper, more meaningful and holistic assessment of companies’ talent strategies.
These are some of the 10 trends laid out in the “Future of Talent in the Automotive & Mobility Industry” report released this week. The report examines the way technology is vastly reshaping the automotive and mobility industry, and the ways in which companies can recalibrate their talent strategy priorities to build a technology-first future.
Download the full Future of Talent in the Automotive Mobility Industry whitepaper now. Watch the full webinar here.