Hi all,
Could someone give me feedback for my answer to: Based on your research, what do you understand to be the biggest opportunity for one of the sectors in which we specialise? (Max:150)"
The UK government’s recent acceleration of the end date of for petrol and diesel cars to 2030 is representative of a wider focus on the decarbonisation of the automotive industry. Although some may see this as an obstacle in such a carbon-dependant industry, decarbonisation also presents significant opportunity for businesses at all stages of the automotive lifecycle, if they are able to innovate their products to meet the demands of this changing landscape. In particular, those original equipment manufacturers that are able to adopt technologies and develop the electric products needed to support this industry shift will stand to take a lead in this evolving market, both enabling and precipitating the wider transformation of automotive products. In turn, such a seismic shift in the industry will undoubtedly require Bird & Bird’s expertise across the sector to support the work of businesses at all stages of decarbonisation process, from investors to dealer networks.
Could someone give me feedback for my answer to: Based on your research, what do you understand to be the biggest opportunity for one of the sectors in which we specialise? (Max:150)"
The UK government’s recent acceleration of the end date of for petrol and diesel cars to 2030 is representative of a wider focus on the decarbonisation of the automotive industry. Although some may see this as an obstacle in such a carbon-dependant industry, decarbonisation also presents significant opportunity for businesses at all stages of the automotive lifecycle, if they are able to innovate their products to meet the demands of this changing landscape. In particular, those original equipment manufacturers that are able to adopt technologies and develop the electric products needed to support this industry shift will stand to take a lead in this evolving market, both enabling and precipitating the wider transformation of automotive products. In turn, such a seismic shift in the industry will undoubtedly require Bird & Bird’s expertise across the sector to support the work of businesses at all stages of decarbonisation process, from investors to dealer networks.