Eastern Europe is emerging as Automotive’s own Bay Area
These locations are preferred for their low cost + high talent availability Poland is the ideal location for talent as it has generated over 100 thousand STEM graduates Romania, on the other hand, accounts for close to 50% of the installed ER&D talent of global automotive firms.
Of the 55 new start-ups in the automotive industry since 2013, 17 were setup in Romania and Poland. Most of these start-ups have set up shop in Bucharest & Cluj-Napoca in Romania, and Warsaw & Cracow in Poland. They are primarily working on CarRentals and ElectricVehicles.
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