ARMONK, N.Y.: ARMONK, N.Y., Dec. 12, 2024 /PRNewswire/ — The IBM (NYSE: IBM) Institute for Business Value today published its latest ‘Automotive 2035’ study which reveals an industry grappling with an erratic transition away from current products and business models. The study highlights that over the next decade, 80% of new cars will have a powertrain that will be electrified to some extent, according to respondents. The findings also reveal that: