AutoMobility Insights - June 2024 edition

in partnership with

Corporate Value Associates

Logo of Corporate Value Associates

Corporate Value Associates is a Global Strategy Boutique supporting market leaders in creating value through its...

View more
12/06/2024 Article

Conferences reveal the industry's state of mind in real time, and FT's "Future of the Car" event showed the pressure and pain of Transition. After significant hype about electromobility and ADAS / Autonomous Driving, fed by cheap money, reality is catching up with AutoMobility on a number of fronts. Chinese competitors have embraced the challenges of Electromobility and Software early and vigorously, prompting US and Europe into a defensive stance raising taxes. European radical action, e.g. through co-development of vehicles between Renault and VW, seems to make sense, but proves to be a challenge. At the same time, OEMs' Value Strategies are questioned by courts challenging OEM control on A/S (after-sales) through gateways. A/S costs bringing a further hurdle for EV / Digital transition: high component costs, limited repairability and fledgling A/S set-ups make repairs slow and costly, increasing insurance premiums. So the EV / Digital transition is still bringing more pain than gain, and lots of problems to be solved.

We look forward to seeing you on June 18 for the Qorus-CVA Mobility Community's next online event 'Electrifying the future: Navigating insurance and financial landscapes in the era of electric vehicles'. Register now.

Want to keep reading?

Create a web account to get access to more insights

Related news & insights

Digital Reinvention
15/07/2024 Article

Financial Innovation Spotlight – July 2024 edition

This global innovation journey begins in Singapore, where OCBC Securities offers AI-driven personalized stock recommendations. Then we head to the...

Digital Reinvention
14/07/2024 News

Driving innovation in insurance: Insights from Santalucía's IMPULSA program

In a recent interview with El Referente, Ángel Uzquiza, Director of Innovation at Santalucía Seguros and Santalucía IMPULSA, shared insights...

11/07/2024 News

N26 partners with Bipi to offer €400 discount on car subscriptions

This collaboration marks a significant step in expanding N26’s customer benefits and highlights the growing trend of flexible car ownership...

11/07/2024 News

CaixaBank: Key to offering financial services without exclusion in rural areas

Branch networks, mobile branches and rural ATMs are essential for democratising banking services in the most depopulated areas. These municipalities...

Embedded Insurance
11/07/2024 News

APOLLO and Dream partner to offer digital insurance to residents

This collaboration aims to simplify obtaining comprehensive insurance policies for residents and help property managers efficiently track insurance compliance.

10/07/2024 Article

Volatile EV asset values are a looming headache for banks and insurers

The switch to EVs will force financial services firms to rethink how they calculate and manage the residual value of...

09/07/2024 News

Measuring CO2 emissions in auto claims management

Crédit Agricole Assurances, Europ Assistance, and BCA Expertise, in collaboration with the Institut Louis Bachelier, have launched an innovative project...

08/07/2024 Interview

Unveiling INside: Grupo Ageas Portugal’s path to innovation excellence

Grupo Ageas Portugal won bronze in the Workforce Transformation category at the Qorus Innovation in Insurance Awards 2024. Having already...