As a result, the traditional business model of car sales will be complemented by a range of diverse, on-demand mobility solutions, especially in dense urban environments that proactively discourage private-car use. Overall global car sales will continue to grow, but the annual growth rate is expected to drop from the 3.6 percent over the last five years to around 2 percent by 2030. This drop will be largely driven by macroeconomic factors and the rise of new mobility services such as car sharing and e-hailing. We support suppliers with strategic problem-solving and innovation, development, and cost-cutting programs.
- Arm ArchitectureArm Architecture enables our partners to build their products in an efficient, affordable, and secure way.
- ST’s Smart Mobility products and solutions are making driving safer, greener and more connected through the combination of several of our technologies.
- After 1945, the U.S. produced about 75 percent of world’s auto production.
- The high-performance,