Evolving customer behaviors, expectations, and values have changed the focus for automotive organizations. Explore our latest thought leadership, ideas, and insights on the issues that are shaping the future of business and society. Founded in 1905, SAE strives to serve its primary constituents in a variety of ways. Through its globally-recognized magazines, Automotive Engineering International, Aerospace Engineering, and Off Highway Engineering, SAE informs the mobility community about the latest developments in the field. Transforming the automotive value proposition means transforming manufacturing operating models to be successful.
Transitioning automotive compute from hardware-defined to software-defined provides new services and solutions for automakers, enabling upgrades and new features to be delivered seamlessly over-the-air for a better consumer experience. The move to equip vehicles with increasingly sophisticated driver assistance systems, and eventually to make the vehicle fully autonomous, requires a combination of object detection and imaging sensors. By combining radar detectors, cameras and optical depth sensing systems such as LiDAR, a vehicle can capture a detailed, real-time view of the space around it, while building in redundancy to protect against the failure of any one sensor.
Volvo Group and Eicher Motors has a 50-50% joint venture called VE Commercial Vehicles. PSA and CK Birla Group have a 50-50% joint venture called PSA AVTEC Powertrain Pvt. PSA and Toyota have a 50-50% joint venture called Toyota Peugeot Citroën Automobile Czech. Isuzu and General Motors has a 50-50% joint venture called Isuzu Truck South Africa. Dongfeng Motor and PSA Group have a 50-50% joint venture called Dongfeng Peugeot-Citroën. Dongfeng Motor and Nissan have a 50-50% joint venture called Dongfeng Motor Company.
Every aspect of production, ownership, on-road experience and environmental impact is disrupted by advances in digital technology. CAR’s leading-edge research impacts the future of the global automotive industry by informing industry leaders and policymakers and facilitating communication across the industry. When it comes to industry standards, best practices and tools, no one can bring the expertise that AIAG does. We bring together industry leaders from OEMs and Suppliers in the areas of Quality, Supply Chain, and Corporate Responsibility to develop the tools that make the entire automotive supply chain more efficient.
- Automotive Grade Linux is a collaborative open source project that is bringing together automakers, suppliers and technology companies to accelerate the development and adoption of a fully open software stack for the connected car.
- Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge.
- This includes the evolution of vehicle ownership to a customer mindset of “access to mobility” instead.
- From prime-quality light emitters and optical components to micro-modules, light sensors, ICs and related software.
Adoption rates will be highest in developed dense cities with strict emission regulations and consumer incentives . Sales penetration will be slower in small towns and rural areas with lower levels of charging infrastructure and higher dependency on driving range. Driven by shared mobility, connectivity services, and feature upgrades, new business models could expand automotive revenue pools by about 30 percent, adding up to $1.5 trillion. Firstly, Indonesia still has a very low per capita car ownership ratio implying there is enormous scope for growth as there will be many first-time car buyers among Indonesia’s rapidly rising middle class. Secondly, the popular and affordable low-cost green car is expected to boost sales.
How SiC is Shifting the Future of EV
The speed of adoption will be determined by the interaction of consumer pull and regulatory push, which will vary strongly at the regional and local level. A progressive scenario would see fully autonomous cars accounting for up to 15 percent of passenger vehicles sold worldwide in 2030 . Consumer mobility behavior is changing, leading to up to one out of ten cars sold in 2030 potentially being a shared vehicle and the subsequent rise of a market for fit-for-purpose mobility solutions. After effectively ending the economic slowdown in 2016, the Indonesian economy is expected to show accelerating economic in the years ahead, something that boosts people’s purchasing power as well as consumer confidence. One of the key reasons that explains why Indonesia’s economy ended the slowdown in 2016 was because of improving commodity prices (rising commodity prices tend to boost car sales on the resource-rich islands of Kalimantan and Sumatra). Due to the easier monetary policy and the end of the economic slowdown in 2016 (GDP growth accelerated to 5.02 percent y/y), Indonesian car sales finally rebounded in 2016.
Creating business value through car circularity
MAN SE and UzAvtosanoat have a joint venture called MAN Auto-Uzbekistan, UzAvtosanoat owns 51% and MAN SE owns 49%. Mahindra & Mahindra and Navistar International have a joint venture called Mahindra Trucks and Buses Limited. Isuzu, Sollers JSC, and Imperial Sojitz have a joint venture called Sollers-Isuzu, Sollers JSC owns 66%, Isuzu owns 29%, and Imperial Sojitz owns 5%. Hyundai Motor Company and Kibar Holding has a joint venture called Hyundai Assan Otomotiv, Hyundai owns 70% and Kibar Holding owns 30%. General Motors, AvtoVAZ, and EBRD have a joint venture called GM-AvtoVAZ, Both GM and AvtoVAZ owns 41.61% and EBRD owns 16.76%. General Motors and UzAvtosanoat have a joint venture called GM Uzbekistan, UzAvtosanoat owns 75% and General Motors owns 25%.
On the long-term, the government wants to turn Indonesia into an independent car manufacturing country that delivers completely built units of which all components are locally-manufactured in Indonesia. In terms of market size, Indonesia is the biggest car market in Southeast Asia and ASEAN. Indonesia accounts for about one-third of total annual car sales in ASEAN, followed by Thailand on second position. Indonesia not only has a large population but is also characterized by having a rapidly expanding middle class.