If the car industry were a country, it would be the 4th largest economy in the world. Accounting for USD 4.060 bn in 2017, it sits just above Germany in the global ranking. Global vehicle production and miles driven have been rising constantly in the past and are forecasted to keep growing.
The automotive industry is currently undergoing major changes – in particular moving to electrified, connected and autonomous vehicles. These disruptive trends are rapidly changing the industry, offering new opportunities. Major automotive manufacturers and suppliers have increased their spending on R&D significantly over the last 10 years. Furthermore, global automotive producers have shifted their production towards CEE countries from Western Europe. The automotive suppliers have followed, aggressively investing in CEE countries, opening production plants, innovation and R&D centers. This shift has happened in two major waves of investment, over the last 20 years, and the question is – could Croatia be the destination for the next wave of investment in the new auto industry? Findings by Rimac automobili, based on an in-depth study of the future of industry development, shows that Croatia could enjoy great benefits, as have many CEE countries so far.
EuroNavigator is supporting Rimac automobili in the public policy domain in Croatia and Brussels in the fields of the battery economy, smart transport, e-mobility and autonomous driving. Guided by this cooperation, Mate Rimac hosted Mr. Andrej Plenković, Prime Minister of the Government of the Republic of Croatia, as well as senior government officials and partners from the Hyundai Motor Group and Porsche AG in Rimac Automobili headquarters to discuss the opportunities for developing a new auto industry in Croatia