Key Highlights
- 35% of automakers have increased their investment in employee upskilling programs since 2020
- Over 60% of car industry companies consider reskilling critical for future growth
- 48% of automotive employees believe their current skills will become obsolete in the next five years
- Investment in automotive upskilling programs increased by 25% globally from 2021 to 2023
- 40% of automakers have partnered with educational institutions for employee reskilling initiatives
- The global automotive upskilling market is projected to reach $5 billion by 2025
- 70% of automotive companies plan to retrain existing employees to meet electric vehicle (EV) manufacturing demands
- 55% of car manufacturers see digital skills as the most critical for their future workforce
- The average time spent on upskilling programs by automotive workers increased by 15 hours annually from 2019 to 2022
- 65% of automotive HR managers report a skills gap in electric vehicle technology
- Over 80% of car companies have implemented or are planning to implement reskilling for autonomous vehicle technology
- 45% of automotive firms prioritize reskilling for software and AI development over traditional manufacturing skills
- Investment in digital upskilling in the automotive industry has grown 3x since 2019
As the automotive industry accelerates toward a high-tech, electric, and autonomous future, over half of automakers are investing heavily in upskilling and reskilling their workforce—yet with nearly half of employees fearing skill obsolescence, the race is on to prepare a smarter, more adaptable driving force for tomorrow.
Digital Transformation and Technology Adoption
- The adoption of AI-based training in the automotive industry increased by 150% in the last three years
Digital Transformation and Technology Adoption Interpretation
Reskilling and Upskilling Initiatives
- 40% of automakers have partnered with educational institutions for employee reskilling initiatives
- Over 80% of car companies have implemented or are planning to implement reskilling for autonomous vehicle technology
- 50% of automotive companies report increased productivity following upskilling initiatives
- Automotive industry reskilling initiatives are associated with a 25% reduction in employee turnover
Reskilling and Upskilling Initiatives Interpretation
Workforce Skills and Training
- 35% of automakers have increased their investment in employee upskilling programs since 2020
- Over 60% of car industry companies consider reskilling critical for future growth
- 48% of automotive employees believe their current skills will become obsolete in the next five years
- Investment in automotive upskilling programs increased by 25% globally from 2021 to 2023
- The global automotive upskilling market is projected to reach $5 billion by 2025
- 70% of automotive companies plan to retrain existing employees to meet electric vehicle (EV) manufacturing demands
- 55% of car manufacturers see digital skills as the most critical for their future workforce
- The average time spent on upskilling programs by automotive workers increased by 15 hours annually from 2019 to 2022
- 65% of automotive HR managers report a skills gap in electric vehicle technology
- 45% of automotive firms prioritize reskilling for software and AI development over traditional manufacturing skills
- Investment in digital upskilling in the automotive industry has grown 3x since 2019
- 38% of automotive workers have participated in at least one reskilling program in the past two years
- The automotive industry is forecasted to create 2 million new jobs related to EV and autonomous vehicles by 2030, requiring extensive reskilling
- 60% of automotive OEMs plan to upskill their staff to handle new battery technology by 2024
- 55% of automotive companies believe that reskilling is essential to adapt to changing consumer preferences
- 72% of automotive industry recruiters say they struggle to find candidates with digital skills
- 28% of automotive manufacturing employees have received training in data analytics
- 65% of automotive companies report that cross-training employees improves flexibility and resilience
- The automotive industry’s annual training expenditure per employee increased by 18% from 2019 to 2021
- 58% of automotive firms invest in virtual reality (VR) training tools for technical skills development
- 70% of automotive OEMs plan to implement training programs focused on cybersecurity due to increased digitalization
- Up to 45% of automotive technicians need reskilling or retraining to work on electric vehicles
- Over 90% of automotive companies support continuous learning and development programs for their employees
- The global demand for automotive software skills has increased by 40% since 2020
- 33% of automotive companies have experienced difficulties in upskilling older employees
- 72% of new automotive jobs created in the last two years require digital proficiency
- 25% of automotive companies offer specialized reskilling programs for autonomous vehicle engineers
- 60% of automotive organizations use online platforms for employee training and reskilling
- 80% of automotive trainers believe that virtual or augmented reality enhances learning outcomes
- 54% of automotive companies plan to increase their reskilling budgets by at least 20% in the next year
- 43% of automotive companies have successfully integrated AI into their training programs
- The average age of automotive technicians is increasing, with 27% aged over 50, highlighting the need for ongoing reskilling
- 65% of automotive companies report that automation technology necessitates reskilling
- 75% of automotive students in vocational training see increased demand for digital skills
- 48% of automotive companies acknowledge that their current upskilling efforts need expansion to meet industry demands
- 68% of automotive manufacturers are investing in AI-driven workforce management tools to facilitate reskilling
- 35% of automotive companies report that upskilling initiatives have resulted in faster product development cycles
Workforce Skills and Training Interpretation
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