The Transition to BEVs: Insights from Cristóbal Colón, Matthew Wayne, Ricardo Olalla Guerra, and José Portilla

Insight Exchange by L.E.K. Consulting

As the U.S. moves toward a zero emissions mandate, Cristóbal Colón, Matthew Wayne, Ricardo Olalla Guerra and José Portilla explore this transition’s impact on the automotive aftermarket and the opportunities available to capitalize on battery-electric vehicles (BEVs) before it’s too late. Since California’s executive order in 2021, other states have followed suit in the U.S., Europe just approved the Fit for 55 directive banning internal combustion engine vehicles in 2035, and original equipment manufacturers (OEMs) are beginning to invest in developing new BEV models.
You will learn about the many benefits of transitioning to a BEV when you make the switch to a zero-emission electric vehicle.

"You can't be sitting on your laurels, but you do have time to plan and be very deliberate in how you're approaching this."

Cristóbal is a partner and managing director of L.E.K. Consulting based in Madrid, with a special focus on the automotive and mobility industry. Matthew is a managing director and partner at L.E.K, Ricardo is the vice president of mobility solutions for Spain and Portugal at Bosch and José is the CEO of the SERNAUTO Spanish Association of Automotive Suppliers.
Cristóbal, Matthew, Ricardo and José are all experts in the automotive and mobility industry, and they have learned that regulation is the key to transitioning to BEVs. Since California’s executive order in 2021, other states have followed suit and OEMs are beginning to invest in developing new BEV models. High prices, low ranges, and a lack of charging infrastructure and supply are all barriers that must be overcome for BEV penetration to increase. With the help of the experts, the U.S. is slowly transitioning to BEVs, with 35% of vehicles sold expected to be BEVs by 2030. The aftermarket will continue to thrive, but with a different set of products and services.
In this episode, you will learn the following:
1. How the U.S. is responding to the shift to BEVs and what regulations are in place to support this transition.
2. How traditional OEMs are adapting to the changing landscape of BEVs and what strategies they are using to capture greater margin and profitability.
3. What opportunities exist for the aftermarket in the transition to BEVs and how different it will look in the future.
Connect with our experts on LinkedIn:
Cristóbal Colón: https://www.linkedin.com/in/cjcolon/
Matthew Wayne: https://www.linkedin.com/in/matthewwayne/
Ricardo Olalla Guerra: https://www.linkedin.com/in/ricardo-olalla-guerra-9b8934b/
José Portilla: https://www.linkedin.com/in/joseportilla/

Visit L.E.K. Consulting at https://www.lek.com/