The automotive world is experiencing unprecedented change. By 2040 the industry will be polarized, automated, connected and electrified – or PACE, for short.

The pressing issue of climate change, which world-renowned naturalist David Attenborough called “the biggest threat to security that modern humans have ever faced,” brought world leaders to a single stage culminating in the landmark Paris Agreement. This resulted in the requirement for countries to submit climate action plans known as Nationally Determined Contributions (NDCs), outlining their emissions-reduction targets and the measures they would undertake to achieve them.

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Renewable energy

The Pulse of the Semiconductor Industry Research Survey 2023