Due to the COVID-19 pandemic, global automotive markets have suffered a tragic decline. Fortunately, forecasts for the future lead to hope that the industry will quickly regain production and sales numbers, maintaining its leading position among the most profitable industries in the world. However, some threats to the automotive industry remain. The first is the shortage of microchips, and the second is the demand by governments to minimise their carbon footprint. With the almost inevitable shift to electrification, the entire product value chain will also change, as will the supply chain. The upstream players, the suppliers, will therefore have tocope with this change by expanding their component portfolio to meet the demands of this new trend.