The degree to which OEMs intend to develop their autonomous vehicle capabilities is determined by how each company envisions the role that autonomous vehicles will play in their future business models. Furthermore, those companies seeking to speed up the process of development by involving customers in testing, run the risk of jeopardising the legal justification of their operations.
Romania's decision to increase incentives for new EV purchases and renew its scrappage scheme will have a positive impact on sales but do not warrant an increase in our light vehicle sales forecasts. The EV segment will see the biggest benefit thanks to this significant increase in incentives offered for each new EV purchased.
Magna International's plan to set up a new car plant in Slovenia will help support the development of the country's autos industry by offering OEMs a base in which to set up local car production operations. This proposed facility will also complement Magna's planned new car paint factory, which will bode well for operational efficiency.
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Thanks, BMI Research