The infusion of software across the automotive lifecycle requires companies to modernize and transform all processes. Changing customer behaviors and expectations, new regulations, digitization, and societal pressure for sustainability have introduced a host of new and, at times, competing priorities for all automotive players. We are a global leader in partnering with companies to transform and manage their business by harnessing the power of technology. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Participation in the standards development process provides the opportunity to voice your ideas, express concerns and present technologies.
- Most industry players and experts agree that the four trends will reinforce and accelerate one another, and that the automotive industry is ripe for disruption.
- The solution uses in-car software to gather data from sensors and systems and external information on weather and traffic.
- When these LCGC cars were introduced they, generally, had a price tag of around IDR 100 million (approx. USD $7,500) hence being attractive for the country’s large and expanding middle class segment.
- A sustainable automotive ecosystem that delivers connected, electrified vehicles and services requires rapid, continuous innovation.
- This course will be a comprehensive training geared toward automotive trade compliance practitioners & managers.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Together with our unique partner ecosystem, Arm provides startups and potential investors the confidence needed to translate a transformational idea from inspiration into production. See how Arm supports automotive startups with free access to IP, support, tools, and our software ecosystem.
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And they must form strategic partnerships to enable themselves, and the industry as a whole, to accelerate innovation and drive multiple transformations in parallel. That innovation helps us deliver the best solutions in digitalisation, e-mobility, and autonomous driving that will help you transform the future of automotive engineering. And our solution-first and lean method of creation means that we deliver on time and at low cost. Connect drivers to their car and surroundings using real-time data and insights.
The type of city will thus become the key indicator for mobility behavior, replacing the traditional regional perspective on the mobility market. By 2030, the car market in New York will likely have much more in common with the market in Shanghai than with that of Kansas. City type will replace country or region as the most relevant segmentation dimension that determines mobility behavior and, thus, the speed and scope of the automotive revolution.
Despite a shift toward shared mobility, vehicle unit sales will continue to grow, but likely at a lower rate of about 2 percent per year. McKinsey Technology Trends Outlook 2022 August 24, 2022 – Which technology trends matter most for companies in 2022? New analysis by the McKinsey Technology Council highlights the development,… Overcoming obstacles to the electrification of transportation August 30, 2022 – In an interview at the M30 Mobility Summit, Navistar’s Michael Grahe shares his views on the latest developments in mobility. As such, from a macroeconomic and monetary perspective there is a good context in Indonesia, one that should encourage rising car sales in the years ahead. The Indonesian government also has high hopes for the country’s car exports , particularly since the implementation of the ASEAN Economic Community , which turns the ASEAN region into one single market and production area.
At the same time, it is important to note that electrified vehicles include a large portion of hybrid electrics, which means that even beyond 2030, the internal-combustion engine will remain very relevant. As a result of this shift to diverse mobility solutions, up to one out of ten new cars sold in 2030 may likely be a shared vehicle, which could reduce sales of private-use vehicles. This would mean that more than 30 percent of miles driven in new cars sold could be from shared mobility. On this trajectory, one out of three new cars sold could potentially be a shared vehicle as soon as 2050. Consumers’ new habit of using tailored solutions for each purpose will lead to new segments of specialized vehicles designed for very specific needs.