The EV ecosystem is increasingly taking over the automotive industry, and our client is at the forefront of driving innovation and sustainability. Despite its potential, this company faced significant challenges that threatened its ability to compete and grow in the automotive space.
At the start of our partnership, the client was still in the startup phase, needing strategic assistance to expand into Western Europe. The project initially covered ten markets, each presenting unique regulatory landscapes and consumer behaviors that required precise navigation.
Key hurdles included operating within strict budget constraints and managing the complexities of these diverse markets. The company also needed to develop effective communication strategies across various linguistic and cultural barriers.
Establishing a presence in countries like the UK, Italy, and Germany demanded proficiency in multiple languages and a deep understanding of local customs and expectations.
To address these challenges, Concentrix partnered with the automotive client to develop effective outreach and market-specific strategies. This involved:
“After partnering with Concentrix, we saw firsthand how their recommendations resulted in significant business growth for our company. Their expertise in market entry strategies was crucial in helping us successfully expand our market presence.”
$2 million increase in quarterly revenue
30% boost in stakeholder engagement
In addition to these results, the company was able to increase its market share by 25% within one year while reducing operational costs by 15%. The strategies deployed by our team were crucial in navigating the complex regulatory and consumer landscapes of ten diverse markets, positioning the company for long-term success.
