So how do you use industrial strategy to make effective connections between what might otherwise be disparate forces and how do you then use those connections to deliver better outcomes?
Success = research + innovate + scale
Fortunately, in the automotive sector, we have an outstanding example of how research, innovation, industry and government connects together and aligns through an industrial strategy, to deliver record results.
At the heart of the automotive industrial strategy for technology is an integrated end-to-end ecosystem, which is aligned to its shared ambitions and “The Low Carbon Vehicles Innovation Platform” is a great example of how the entire auto sector, proactively supported by government, was able to respond successfully to the challenge ahead of them.
It’s a powerful model, which aligns everyone around progressing the most promising technologies: from the early stages of research; through the mid stages of innovation; to the later stages focused on the capability to scale.