In the last decade, the automotive industry has been scrambling for innovation, every carmaker is fighting to introduce something new and exciting to the car world. With electric vehicles taking over the world with carmakers such as Tesla, NIO and many more, innovation and new technologies are going to emerge quickly as carmakers simply can't afford to lose customers. The future of the automotive industry is very exciting as all carmakers are looking to introduce something new and everyone is out fighting for the number one spot. In this article, we will be diving into the exciting world of the future...
Autonomous Vehicles
Autonomous cars sound really futuristic, doesn't it? well in 2020 there has been many new companies coming up focusing and making autonomous driving a reality. We think 2021 is going to be huge for autonomous vehicles, with governments around the world supporting companies that are innovating in the automotive industry for example NIO received huge funding from the Chinese government, many new car companies tend to go bankrupt because they simply can't afford the whole process.
With the whole world moving towards an electric & technological future, many new start-ups are going to appear bringing new concepts into the automotive world, and autonomous vehicles are one of the concepts that are going to make a huge rise this year. With huge companies such as Uber and Google gaining interest in the autonomous automotive industry we will see huge advances and changes... Soon we will be calling taxis without drivers, which are all computerized.
Connectivity
What we are about to say now will either sound casual or blow your mind...
"Israeli startup NoTraffic develops an AI-powered traffic signal platform that digitizes road infrastructure management and connects drivers to the city roadways to manage various traffic-related challenges. The data of all road users is streamed and processed in real-time to empower smart mobility. The solution also serves as the base for additional services such as micro-payments and micro-mobility." - StartUsInsights
Connectivity between vehicles is not something I personally thought would happen anytime soon, it seems really really difficult to connect all of the vehicles and actually maintain it. But if you imagine a huge infrastructure of vehicles connected to a network, it would solve so many issues, sometimes a computer communicates much better with a computer than with a person, many things could be solved without having to involve humans in the process. For example traffic issues, traffic can't be easily fixed, governments spend billions yearly to improve the road infrastructure, reduce traffic and improve the quality of roads yet it still feels like we are stuck at square one, with huge pile-ups on motorways, roads blocked full of traffic, you know what we mean you have been there seen it all. Now if you can imagine all of the computers being connected to a network, directing you to your destination avoiding traffic and avoiding forming traffic.
Electrification
Now, this is nothing new, electric vehicles have been pushed and promoted for the past few years, as previously mentioned governments around the world and huge corporations getting involved in the electric vehicle market, it is only going to get bigger, better and cheaper. As of the time this article is being written, the biggest player in the electric car maker is Tesla and no one is really competing with them, some emerging Chinese companies, as well as established carmakers such as BMW, Audi and so on, are trying to get into the electric market slowly.
In my opinion, 2021 is going to be a huge year in the electric car market, Tesla is most likely going to announce a very cheap all-electric sedan, plugging into the lower-income classes and boosting sales through the roof. More carmakers such as NIO are going to start coming up competing with Tesla. And the most beloved car makers in the world such as BMW, Audi and Mercedes are going to start battling for the number one spot back...
What we are saying is competition is going to rise this year, more and more companies are going to get involved in the electric car market, when competition increases companies innovate, things get cheaper and better.
Shared Mobility
Shared mobility will also be huge for the automotive industry, the easiest way of us explaining it is, if you live in a big city you have probably seen the electric scooters everywhere, well-shared mobility is pretty much the same concept. Cars being available to everyone that has a license at specific pick up locations, charged for as long as you use them.
It is an amazing concept for someone that does not require a car daily or does not have the money to buy a car, the only issue with this is this idea would only work if the cars were electric, it would be very difficult for a company to keep profitable if the cars ran on fuel.
Many different aspects would have to be thought through and perfected such as maintaining the cars, making sure they are kept in good condition, making sure they are getting charged and so on. But the concept sounds really good and I think it would benefit many people and could become the future.
Technology in the automotive industry is really exciting because cars are what you use daily and spend quite a lot of time in your car. New advancements and technologies are only here to make it more exciting for car lovers. Many different technologies and companies are starting up that will rock the automotive world, 2021 is going to be a huge year, a lot is going to change and improve in the automotive industry.
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