Disruptive technology leaves corporate casualties in its wake – just ask Nokia and Ericsson how they feel about the Apple iPhone. The Battery Electric Vehicle revolution threatens a similar fate for many incumbent automakers. But it’s not as simple as making the switch whether you like it or not., and there are signs of growth slowing in Europe as well. The biggest challenge is managing an uncertain transition from fossil fuel to electric.
“Most of the projects in China are still around ICE,” adds Reader. “They might be range extenders, or they might be a hybrid platform, but they're still looking at engines. Some of that is because they focus themselves very heavily on battery technology, so we get the other part, which we've got the skills and capabilities for.
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