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https://www.youtube.com/watch?v=dWBLx0ZOlg0
In this video we explore the most transformative trends in the automotive industry and what that means for the future of cars and the future of mobility. We
https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/disruptive-trends-that-will-transform-the-auto-industry
These forces are giving rise to four disruptive technology-driven trends in the automotive sector: diverse mobility, autonomous driving, electrification, and connectivity. Video. 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.
https://www.mckinsey.com/featured-insights/themes/the-future-of-the-car
The future of the car. May 9, 2023 Over the past 20 years, the automotive sector has navigated a wave of disruptions; in the next decade, changes will come faster than ever—and with greater force and impact, write Kevin Laczkowski, Amuche Okeke-Agba, Andy Voelker, and Brooke Weddle in a new article.
https://www.autohouse.com/blog/2024-automotive-industry-trends/
As the threshold of 2024 looms, the automotive industry embarks on a transformative journey, brimming with pivotal trends set to define the future of mobility. Within this evolving landscape, Auto House stands at the forefront, ready to embrace and amplify these industry shifts. From the dominance of electric vehicles (EVs) to the integration
https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/spotlight-on-mobility-trends
Growing EV demand—with China as the hot spot. McKinsey projects that worldwide demand for passenger cars in the battery electric vehicle (BEV) segment will grow sixfold from 2021 through 2030, with annual unit sales increasing to roughly 40.0 million, from 6.5 million, over that period. China retained its position as the world's e-mobility
https://www.jpmorgan.com/insights/global-research/autos/automotive-innovation
From the advent of mass car production in the early 1900s to the rise of modern electric vehicles in the 2000s, the automotive industry has transformed dramatically over the last century. In the future, the landscape will continue to evolve, fueled by changing consumer behavior and the development of new technologies.
https://www.bloomberg.com/news/articles/2024-03-02/how-the-shift-to-electric-cars-is-reshaping-the-global-auto-industry
April 17, 2024 at 11:44 AM PDT. The biggest transformation of the auto industry in a century is underway, as governments offer massive subsidies to speed up the shift to electric vehicles. In the
https://www.forbes.com/sites/sap/2021/12/01/how-the-automotive-industry-is-driving-toward-a-sustainable-future/
There are three main factors driving the push toward sustainability in the automotive industry. Some of the biggest drivers include: 1. Government Interventions. Government agencies are playing an
https://www.cardesignnews.com/main-navigation/six-trends-that-will-shape-the-automotive-industrys-future/44452.article
What feels like a class reunion among automotive designers and engineers is actually an important compass for how the car of the future may look. Pointing the way forward, chief designers talked about the six most important trends that will shape the industry. Electrification. Electrification has gained significant momentum in recent years and
https://www.superstaff.com/blog/future-of-the-automotive-industry/
However, industry experts predict that self-driving vehicles will shape the future of automotive transportation. According to a McKinsey report, autonomous cars could generate between $300 billion to $400 billion in revenue for the car manufacturing industry by as early as 2025. Then, industry experts forecast that these self-driving vehicles
https://www.technologyreview.com/2023/05/25/1073154/modernizing-the-automotive-industry-creating-a-seamless-customer-experience/
The key trends Sayer and Uvarova see driving the future of the automotive industry include autonomous vehicles, connectivity, shared mobility, and sustainable solutions.
https://www.pwc.com/us/en/industries/industrial-products/library/automotive-industry-trends.html
EV penetration in the US is expected to increase to 30% by 2030 (from about 5% currently) and hit 41% globally (from about 10% now), according to PwC's auto industry forecast. And, by 2029, auto OEMs globally are forecast to launch over 1,000 BEV nameplates (nearly doubling the number in 2022), with North America accounting for about 170
https://www.espire.com/blog/posts/driving-into-tomorrow-unveiling-automotive-tech-trends-in-2024
This blog explores the transformative trends reshaping the automotive industry in 2024, including the rise of EVs, AI/ML integration, Low-Code/No-Code platforms, and Generative AI. Industry professionals can learn how these trends revolutionize sustainability, user-centric innovation, and connected mobility, making this a must-read for automotive leaders navigating the future.
https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/automotive-r-and-d-transformation-optimizing-gen-ais-potential-value
Three momentous trends are buffeting the R&D function in the automotive industry, creating the need for profound change. ... bottom-up modeling approach, our insights enable an end-to-end analytics journey through the future of mobility—from consumer needs to a modal mix across urban and rural areas, sales, value pools, and life cycle
https://www.newsweek.com/8-predictions-about-future-auto-industry-1647470
Prediction 8: High-income individuals become car owners. Twenty or so years down the line, Standage predicts that overall car ownership will return to its roots: wealthy people will be the ones
https://www.linkedin.com/pulse/driving-forward-transformative-trends-shaping-pablo-raffaele
The automotive industry is undergoing a digital transformation. Vehicles are becoming increasingly connected, offering features like in-car Wi-Fi, real-time traffic updates, and seamless
https://kpmg.com/xx/en/home/insights/2023/08/automotive-in-the-midst-of-global-transformation.html
ii. In the US, average household income is $62k but the average price of a new car is around $46k (74 percent). iii. The household income in Germany is $44k in relation to the average new car price of $47k (107 percent). 5. Inflation, other macroeconomic factors and geopolitics impacts a global industry like automotive: Inflation
https://www.valtech.com/blog/ces-2024-spotlights-automotive-innovation-redefining-the-future-of-cars/
CES 2024 spotlights automotive innovation: Redefining the future of cars. February 20, 2024. CES is the global stage where innovators from around the world gather to unveil groundbreaking technologies that will shape the future. It's the epicenter of technological evolution, showcasing everything from AI and robotics to automotive advancements
https://www.industryweek.com/finance/article/22010639/what-will-the-automotive-industry-look-like-in-2025
Electric vehicles will account for about 10 percent of new vehicle sales by 2025. Hybrids will reach a 40 percent share. The connectivity of cars will be a key factor in 2025 and beyond. The study predicts that many vehicles will be permanently online, sending and receiving information via the internet. New business models will rise.
https://www.ey.com/en_gl/newsroom/2024/06/global-auto-industry-paradigm-shift-driving-us-660b-transformation-opportunity-ey-value-pools-analysis
"The global automotive industry is undergoing a paradigm shift, with value moving away from manufacturing and transactional sales to the complete vehicle lifecycle. The industry is going to have to refocus on new growth areas, while areas of activity - like combustion engine parts and maintenance - will rapidly fall away.
https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/reimagining-the-auto-industrys-future-its-now-or-never
Electric mobility, driverless cars, automated factories, and ridesharing—these are just a few of the major disruptions the auto industry faced even before the COVID-19 crisis.Now with travel deeply curtailed by the pandemic, and in the midst of worldwide factory closures, slumping car sales, and massive layoffs, it's natural to wonder what the "next normal" for the auto sector will
https://alp.consulting/10-key-automotive-industry-trends/
Top 10 automotive industry trends and innovations for 2024. 1. Autonomous Vehicles (AVs) Self-driving or autonomous vehicles have been the talk of the town since the idea surfaced, while some parts of the country have successfully executed the idea into reality, there are many others that are yet to start. Let us talk about why the AVs have
https://www.ontimestaffing.com/blog/2024-automotive-industry-trends
The Future of Work in Automotive: 5 Trends and Opportunities in 2024. From the dawn of mass car production in the early 1900s to the emergence of modern electric vehicles in the 2000s, the automotive industry has witnessed remarkable transformations over the past century. Looking ahead, this landscape will continue to evolve, now driven by
https://finance.yahoo.com/news/future-automotive-industry-worth-104-171500607.html
Automotive Industry, encompassing PV, LCV, and MHCV, size is projected to grow from 88 million units in 2024 and is projected to hit 104 million units by 2030, at a CAGR of 2.4%, according to a
https://www.mckinsey.com/~/media/mckinsey/industries/automotive%20and%20assembly/our%20insights/disruptive%20trends%20that%20will%20transform%20the%20auto%20industry/auto%202030%20report%20jan%202016.pdf
Text box 1: The methodology behind "Automotive revolution - perspective towards 2030". Research on the future of mobility conducted in collaboration with Stanford University. Substantial industry-wide research covering perspectives from incumbents, new entrants, start-ups, academia, as well as investment and legal firms.
https://www.autodesk.com/products/fusion-360/blog/ai-for-product-design-advantages/
This transformative approach is especially evident in sectors like consumer electronics, where the demand for rapid innovation is high. This article dives deep into the advantages of AI for product design efficiency, explores transformative AI applications across various industries, and tackles the challenges and ethical considerations inherent
https://www.bloomberg.com/news/newsletters/2024-06-26/cybercrime-tactics-and-demands-are-getting-more-aggressive
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world