What are the Emerging Growth Opportunities in Automakers’ Revenue Streams?
Evolving digital transformation, changing customer needs, and adaptive technology strategies of global automotive original equipment manufacturers create several revenue generation opportunities
The growth of digital tools and technologies has created new business models for the automotive sector. Today's automotive original equipment manufacturers are shifting from selling cars to providing mobility solutions by exploring opportunities in several sectors, such as electric vehicles, connected and autonomous mobility, and others, to create revenue opportunities.
• This analysis aims to identify various business models connected to emerging sectors and how automotive original equipment manufacturers can generate extra revenue.
• For automakers, there are several lucrative additional revenue-generating areas, including mobility as a service, commercial charging stations, non-fungible tokens, purpose-built vehicles, and connected car features.
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