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Electromobility in the Automotive Industry. What Role Does Technology Change Play in the Geographic Pattern of Production?

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  • Gabor Tury

    (Institute of World Economics Centre for Economic and Regional Studies, Hungarian Academy of Sciences)

Abstract

The current internal combustion powertrain technology of road vehicles is unsustainable in the long run, due to the possible exhaustion of fossil fuels, and the socio-economic changes which are accompanied by increasing environmental impacts. Furthermore, there are limits to the emission reductions that can be achieved by developing or improving the efficiency of internal combustion powertrain technology, as well as stricter emission targets and a move towards electromobility. Therefore, automotive manufacturers implement technology change, although current technology will be in use for a long time to come. However, since the 2008 crisis, the territorial distribution of the automotive industry has been undergoing a major transformation. China’s role has been growing and is now the world leader in terms of production and consumption. The forecasts assume a decline in consumption in developed regions. This results in a major restructuring of the automotive industry owing to the technological change. The purpose of this study is to examine this transformation, taking into account the possible consequences of changes in technology and changes in global production. The focus of our study is a group of Central European countries (Czechia, Hungary, Poland and Slovakia) that play a significant role in the European automotive industry

Suggested Citation

  • Gabor Tury, 2019. "Electromobility in the Automotive Industry. What Role Does Technology Change Play in the Geographic Pattern of Production?," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 7(2), pages 112-120, December.
    • Handle: RePEc:ntu:ntugeo:vol7-iss2-19-112
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    electromobility; automotive industry; global value chain; Central Europe;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • F15 - International Economics - - Trade - - - Economic Integration

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