About the Client:
The Client was looking to better understand the latest advancements in the automobile peripheral space, including the market dynamics related to EV charging infrastructure, as well as the regulatory standards for carbon emissions and fuel.
Challenge:
In this Research Support Service Project, the Client had two main objectives.
Firstly, the Client needed strategic insights on relocating their R&D centers to a low-cost country in order to maintain competitiveness.
Secondly, they wanted to understand the competitive landscape in the EV charging station industry.
Additionally, the Client sought information on the latest advancements in EV battery technology, fuel economy standards, and critical raw materials that could impact the automotive market in the near future.
Approach and Results:
PreScouter provided the Client with specific locations in a low-cost country for relocating their engineering and test centers. The locations were evaluated based on several parameters, such as facilities requirements, access to local talent pools, salary trends for engineers, and presence of competitors.
PreScouter built a dynamic model to evaluate the strategic locations and recommended the top three sites to the Client.
To help the Client develop a product development strategy to meet customer needs, PreScouter conducted a comprehensive investigation into the electrification landscape. This included an analysis of the latest developments in battery architectures, EV charging infrastructure, and peripheral technologies such as battery management systems and harnesses.
PreScouter also evaluated current and future fuel economy and emission standards and identified critical raw materials in the automotive segment that the Client should focus on to secure their supply chain.
A downloadable version of this case study is available here.