The global automotive industry is undergoing a period of wide-ranging transformation with a shift in the consumer behavior as well as an increase in the implementation of stringent environmental regulations. The introduction and subsequent growth in sales of electric and hybrid vehicles, development of advanced driver assistance systems and self-driving technologies, and increasing demand for connected vehicles, and disruptive trends, such as ride-hailing, car sharing, and in-car payments, are expected to change the way people use mobility services.
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