The Reinventing the Wheel (RTW) Mobility and Energy Future Service brings together the Automotive Planning Scenarios Service with the groundbreaking 2017 Reinventing the Wheel multi-client study. This new offering provides insight on the future of cars and the oil, automotive, chemicals, and power industries. The goal of this service is to help clients effectively develop long-term business strategies.
Understanding the pulse of change in the short and long-term are at the heart of this new service. From monthly updates on EV sales, analysis of new policy and business developments, to our scenario-based outlooks that span to 2050, RTW: Mobility and Energy Future features ground-breaking insights for the 21st century and provides an in depth look at how automotive fleets will evolve from the personally-owned model of the past century to a multi-dimensional competitive environment where mobility service companies, electric powertrains, and driverless technology alter traditional buying and use patterns.
For the automotive industry, understanding the patterns of future car ownership and usage will be vital in preparing for tomorrow’s market. The market will become more complex as ride-sharing platforms and self-driving cars will give consumers an increasing number of options for personal mobility. Automakers and suppliers will need to adapt their products and business models to ensure they are prepared for greater diversity, the resizing of markets, battery charging needs, and related response from electric power markets.
For the oil and gas industry, light vehicles represent the most important end-market, accounting for one-third of global refined product demand and nearly 40% of total oil demand growth since 2000.
For the electric power industry, as electric cars become more widespread, the power generation and distribution industries will forge new ties with a wide array of other industries. This presents both challenges and opportunities throughout the energy industry. New demand will have to be managed at a time of wider transformation.
With RTW: Mobility and Energy Future you can:
- Identify short and long-term opportunities
- Anticipate future changes
- Minimize risk by offering better 'preparedness'
- Explore the validity of commonly held beliefs
- Develop and test business strategies