Fifty years ago, if you asked car manufacturers about their projection for automotive in 2021, you would hear some idealistic vision to make flying cars. 2021 is here, there are no flying cars, but we feel that we are closer than ever. Cars can now think through artificial intelligence, and they can now drive themselves.
Fascinating, isn’t it?
Despite the financial downside of 2018 to 2019, which affected manufacturers, the coronavirus, and the reduced demand from the BRIC countries, there are some positives for the automotive industry. There are now new startups in the automotive industry.
These startups are different in the way they approach car making and their business approach. They approach car-making intending to make cars like mobile digital devices to focus on what the customer wants. Mobility is the focus of new players in the automotive industry.
This new approach is a breath of fresh air in the automotive industry which has been battered with loss in recent years. That said, things are improving in the automotive industry, and business is picking up. As we have mentioned and now emphasise, the idea of car making has evolved to factor in customer comfort and other experience.
Due to these improvements, it is only natural to discuss the top trends in the automotive industry. These trends are useful for both carmakers and investors who are looking to invest. We have partnered with analysts at college essay papers to provide you with the top trends in the automotive industry.
All eyes on autonomous vehicles
Imagine many KITTS on the road. Autonomous vehicles disrupt transportation as we know it, and its disruptiveness will continue. This is due to the increased demands of autonomous vehicles. Experts predict that soon, mainstream transportation would be handled by self-driving vehicles.
This, they predict, would reduce the rate of accidents and other harmful driving mishaps caused by human negligence. They will reduce human causes transportation delays and improve public transportation generally.
However, the downside of this would be the utter replacement of human drivers, which in itself could cause massive unemployment explosions. This won’t deter the progress of autonomous vehicles, they would offer inspection facilities which would allow car owners to know when they should fix something in their vehicles.
Perpetuity of big data
Data is everywhere. With the predicted rise of autonomous vehicles fitted with the latest artificial intelligence, computer vision, machine learning technologies, etc., data will be gotten directly from the vehicle. Through big data, autonomous vehicles will function optimally and completely cut the need for human drivers.
Big data would be collected from the vehicles to predict the proper time for maintenance. It will help manage the vehicle or fleet of vehicles and contact emergency personnel in case of accidents or other emergencies.
Apart from data integration with vehicles, big data will also help conduct business in the automotive industry. With predictive analysis, carmakers can find more ways to improve sales, steady and upgrade supply, understand customer demands and optimise car designs.
Release the micro-mobile transportation
Coronavirus has made many people break up with public transportation due to fear for their health. These people can’t always afford to go into lease agreements to get a vehicle. What most of them do is to find alternative means of mobility, the micro-mobility.
Many people have gotten electric scooters, electric bikes, electric bicycles, etc. The advantage of micro-mobility vehicles is that they give users control over their transportation.
They don’t need to fear catching the virus, and they don’t have to wait at bus stations any longer. It could be difficult to abandon their micro-mobile vehicles.
The connected vehicle has changed and will continue to change how vehicles are going to be perceived. With many startups rising on vehicular digitisation, the connected car would continue to be a thing. The internet of things being part of the core aspects of connected cars will improve customer experience.
Vehicles will now become a mini digital home where being at home and being in your car will only have little difference. The maintenance of customer wellbeing will become a part of making connected cars.
This will be something that will improve massively due to the coronavirus as carmakers also want important players in helping customers with their health. The maintenance of customer wellbeing offers much potential. Cars will detect if car occupants are too drunk, purify in-vehicle air, pollution analysis and provision of massage, etc.
This is perhaps one of the most tired trends in the automotive industry. Carmakers are way looking for ways to improve their vehicles for the environment. They have to do something as different nations of the world pay attention to the effects of waste coming from vehicles.
So, carmakers continually make vehicles that are friendly to the environment. Even end-of-life waste that vehicles generate is being dismantled to reduce waste from vehicles.
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