Racing Homage
EV
Collaboration
Automotive companies collaborating to share technical EV knowledge and resources.
Trend
What is the EV Collaboration trend?
EV Collaboration: Automotive companies are collaborating in order to share expertise related to producing electric vehicles. Gaining knowledge from other organizations can expedite the transition to electrically powered cars, as well as make the venture more profitable and efficent in the short term.
Insight
The consumer insight behind the EV Collaboration trend
Due to extensive research, many consumers are aware of the adverse impacts on the environment that occur due to fossil fuels. These consumers are aware of the impact that their lifestyle can have on the environment, and many of them are taking steps to rectify this by making changes. If automotive companies can more efficiently produce EVs, they can serve eco-conscious consumers at more accessible price points.
Trend themes
Themes within the EV Collaboration trend
Three behaviours holding the trend togetherCollaborative EV development
Automotive companies collaborating to share knowledge and resources on electric vehicle production
Partnerships for EV battery technology development
Partnerships and collaborations geared towards the development of electric vehicle batteries
Auto-manufacturing mergers
Auto manufacturers merging to combine resources for the future of EV technology
Industry implications
What the EV Collaboration trend means for industry
Where the trend changes the playbookAutomotive industry
The industry where original equipment manufacturers (OEMs) and other vehicle makers operate.
Battery industry
The industry where providers of electric vehicle batteries operate.
Mergers and acquisitions industry
The industry where M&A advisors and service providers operate.
Workshop question
How can your company help consumers make eco-conscious changes in their lives?
Trend signals
Trend signals for EV Collaboration
Trend score 1.8 out of 10, from popularity 22%, activity 25%, freshness 9%.
- Gen Alpha
- Gen Z
- Millennial
- Gen X
- Boomer
Evidence
Examples of the EV Collaboration trend
4 featured examples from Jun 6 to Dec 10, 2019EV Battery Production Centers
GM and LG Will Collaborate on a Production Facility for EV Batteries
The collaboration between GM and LG Chem highlights the importance of battery production in the automotive industry.
Electric Vehicle Battery Partnerships
Toyota Will Develop EV Batteries with CATL
The growing demand for EV batteries presents an opportunity for manufacturers to invest in research and development to improve battery technology and increase supply.
Luxe Electric Car Collaborations
BMW, Jaguar and Land Rover Joined to Design New Electric Vehicles
Partnership between BMW, Jaguar and Land Rover to create high-quality electric vehicles.
Auto-Manufacturing Mergers
Fiat Chrysler and PSA Peugeot Merged to Be the Fourth Largest Automaker
Disruptive innovation opportunity: The merger highlights the need for automakers to collaborate and consolidate in order to adapt to the evolving landscape of electric and autonom…