Can States Be Turned into Automotive Innovation Hubs?

Abstract

The article considers the hypothesis that in the face of the overlap of four trends that will shape the future of the automotive industry: autonomy, urbanization, digitization, and electrification, achieving success in the automotive industry in the coming years will require synergistic cooperation between the private and public sectors. In the context of global competition encompassing not only individual enterprises but also entire ecosystems, countries will have to rethink their ability to provide added value to their economies. On the example of electromobility, the article proposes five success factors for its development depending on the state situation. These are: the strength of traditional car companies, social expectations, job creation potential, internationalization possibilities, and the ability to incubate new entities. From the initial analysis, which requires further development and verification, it appears that countries such as China at the start seem to be in a privileged position to make the most of the potential of new mobility.