Automotive Manufacturing in Turmoil – Navigating the EV Metamorphosis
Like most industries, the automotive space is undergoing massive transformation. Firms face the shift to Electric Vehicles (EVs) and new business models, forcing a transition from the “metal-bending” business of cars to becoming digital, mechanical, and energy companies that build highly interconnected systems.
Moving from one manufacturing model to a brand-new approach requires massive investments in new technologies, production facilities, and supply chains—all of which demand specialized skills that manufacturers currently lack, causing major talent shortages.
Download the complimentary GWI Project Automotive Manufacturing in Turmoil infographic to review key findings and request more information about Corporate Membership to access the full research report, GWI Project: Automotive Manufacturing in Turmoil – Navigating the EV Metamorphosis, for comprehensive recommendations:
Our Global Workforce Intelligence (GWI) Project Automotive industry research, created in collaboration with Eightfold.ai finds:
- There are approximately 360,000 job openings worldwide, with 187,000 job openings in the United States, 63,000 in Germany, and 15,000 in the United Kingdom.
- Positions such as Product Manager, Robotics Engineer, DevOps Engineer, Data Scientist, and Cyber Security Analyst are crucial for navigating the complexities of the connected vehicle experience, ensuring cybersecurity, and managing data-driven strategies.
- Most automotive manufacturers lack the talent required to pivot into EV and autonomous driving solutions swiftly.
- Talent Intelligence generates effective business decision-making around talent.
- …and more!
While this study explores a particular industry, the findings prove universally applicable to organizations in every space experiencing technological revolution or disruption through legislation, market changes, or industry convergence.
Our research found that some organizations—known as Pacesetters — navigate this industry transformation strategically and in fundamentally different ways, putting them at an advantage over their competitors. Pacesetters’ success highlights the importance of all organizations to prioritize Systemic HR ™ approaches, especially regarding recruitment and talent management.
The entire automotive industry must follow the Pacesetters’ model and embrace high-end business and workforce capabilities to attract, hire, retain, and develop the essential skills for long-term success to ensure they remain at the forefront of the industry’s evolution by:
- Focusing on attracting and retaining top talent
- Fostering a robust talent pipeline
- Maintaining a competitive edge through investment in innovation to ensure long-term success
The Global Workforce Intelligence Project Automotive Manufacturing in Turmoil infographic is available to everyone. Corporate members with access to the entire Global Workforce Intelligence Project Automotive Manufacturing in Turmoil – Navigating the EV Metamorphosis report can tap into the 4R Framework to pursue a multi-faceted strategy to build the necessary capability to lead in the EV market and remain competitive across the industry.
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