5 technologies that forever transformed the automotive industry
Technology has completely transformed our world; the solutions are just a click away. Digital giants like Amazon and Netflix are using technology to set customer experience standards. This has prompted automakers to start offering user-friendly experiences and creating seamless online and offline journeys.
In 2020, the Covid-19 pandemic further accelerated the adoption of the technology. Trends in digital technology continue to improve automotive processes, helping businesses improve automotive utility and customer satisfaction. Here are 5 trends that will transform the auto industry in 2021 and beyond.
1. Electric vehicles
The amount of environmental damage and the rate of depletion of fossil fuel reserves by gasoline-powered cars has made electric vehicles (EVs) popular. The electrification of the driveline allowed the transition to individual cars without emissions. By the end of 2025, BMW will have produced approximately 2 millions fully electric vehicles.
However, automakers have to work on high prices for electric vehicles, insufficient charging infrastructure and renewable energy charging networks. Fortunately, companies like ChargeX in Germany are providing a modular EV charging solution to turn parking spaces into convenient charging stations.
2. Autonomous vehicles
Rapid advances in artificial intelligence and machine learning have made the development of autonomous vehicles a reality. Autonomous vehicles focus on reducing human intervention by the driver and minimizing human-caused accidents.
Since they do not require human intervention, even in complex traffic situations, AVs make driving safer. Their advanced technologies and AI-enhanced computer vision help them spot obstacles along the way and avoid accidents.
Companies such as Intvo, a US-based startup, are now providing pedestrian behavior indication technology for AV vehicles, reducing the risk of accidents and raising levels of autonomous vehicle safety.
3. Vehicle-to-vehicle communication
A quick visit to an automotive showroom can help you understand the power of vehicle-to-vehicle (V2V) communication. Connected cars are connected to other cars and transport infrastructure like traffic lights. They also increase the connectivity of drivers and passengers with the outside world.
Connected vehicles can interact with other vehicles within a certain range and share relevant traffic information, potential road hazards and collisions, traffic conditions and weather. This reduces traffic, vehicle accidents and fatalities.
4. Smart factory
The automotive industry uses robotic process automation to complete manufacturing processes such as spray painting and soldering. The COVID-19 outbreak has prompted more and more automakers to use robotic process automation (RPA).
Widespread use of RPA will result in smart factories that use automation and modeling to stabilize the manufacturing process and increase flexibility. This will allow manufacturers to produce cars in a fast, standardized and error-free manner around the world. Mercedes-Benz is already using virtual production tools and data analytics to optimize production environments.
5. Internet of Things (IoT)
IoT technology provides secure interactions between vehicles and infrastructure. It helps solve traffic jams, improve road safety and reduce pollution. IoT enables cars to understand their environment.
The data collected through the IoT can be used to provide drivers with value-added services through on-board applications. For example, KonnectShift’s IoT solutions help users increase, organize and better manage their fleet. However, automakers should perform proper testing of IoT applications before deploying the software.
(Devdiscourse journalists were not involved in the production of this article. The facts and opinions appearing in the article do not reflect the views of Devdiscourse and Devdiscourse assumes no responsibility in this regard.)