Nov 22/22

Sustainability in Auto Manufacturing: What Can We Expect From the Future?

 

Projections show that the global electric vehicle market will reach a size of $1.318 billion by 2028.

Sustainability is being adopted into almost every industry. The auto manufacturing industry is no exception to this. As time goes by, being sustainable seems to be a larger concern for almost all brands, and it’s changing the way customers do things.

The future of cars is looking greener than ever. Keep reading to find out why.

Sustainability Evolution in the Auto Industry

In the past, sustainability has hardly been a factor in vehicle manufacturing. The entire process has always used a lot of energy and produced a lot of waste. Vehicles themselves also consume high amounts of fossil fuels.

The impacts of climate change are becoming more prevalent, and various industries are being affected. As such, many car manufacturers are pushing toward sustainability.

Brands are making significant changes to things like manufacturing techniques. Electric/hybrid cars are also becoming far more popular.

Driving Factors

Sustainable manufacturing is gaining popularity with manufacturers as well as consumers. There are 3 main driving forces behind this.

Government Interventions

Governments have taken a role in pushing sustainability throughout various industries. As car production uses a lot of energy and resources, many countries now have rules and regulations in place.

This generally includes emissions targets, and these are set to increase moving forward. Ultimately, the goal is for all new cars to consume no fossil fuels at all.

The auto manufacturing industry works closely with the oil and gas industry. These companies are focussed on the advancement of alternative fuel sources. Both industries are working towards more sustainable cars in the future.

Changing Expectations

As the public is becoming more aware of the environmental impact of the auto industry, people’s expectations are changing. Customers are more conscious of their own carbon footprint and want to reduce it. As such, many people are already opting for vehicles that produce fewer emissions.

This is also the case with employees and investors. Companies rely on these groups to stay in business, so will do what they can to make sure they stay happy.

Megatrends

There are various trends affecting the auto industry. This includes autonomous vehicles, car-sharing programs, and alternative transport-on-demand initiatives. As technology improves, so do the possibilities in terms of sustainable vehicles.

Every year it gets easier to produce electric vehicles. This means that not only is the end product more environmentally friendly, but the manufacturing processes are also improving.

A Sustainable Future for Auto Manufacturing

It’s safe to say that moving forward sustainability in manufacturing will continue to grow in the auto manufacturing industry. There is growing pressure from the public and governments. As such, companies will need to keep improving if they want to stay in business.

Mayco International is a global automotive supplier for automotive companies. We offer our clients the latest materials, technologies, and concepts so they can stay ahead of the competition. To find out more about what we do, click here to contact us today.

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