What’s next for the global car industry?
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What’s next for the global car industry?
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The car industry is a key part of many economies – and with passenger cars representing the single largest source of global oil demand today, changes in the worldwide auto sector have important implications for the energy sector. The global car industry is undergoing significant shifts, as the geography of car production evolves, new regions drive sales growth, and electric cars expand consumer choices.
In this episode, IEA Energy Technology Analysts Elizabeth Connelly and Leonardo Paoli – the lead authors of a recent report on the car industry – unpack the structural trends. They examine the underlying drivers, assess the potential implications for the energy sector and beyond, and discuss how competitiveness can be sustained in this market context.
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