Top 4 trends to impact Automobile Industry in the future

In the last 2 posts, I have talked about the history of the Automobile!!!

Now Let's talk about the future of the Automobiles 🚕🛵🚚

There is a rapid change going on continuously in the Automobile Industry in the last few years. The GOI focusing on electric based automobiles & 𝗧𝗘𝗦𝗟𝗔 becoming the world's most valuable carmaker, overtaking 𝗧𝗼𝘆𝗼𝘁𝗮 are some prime examples of it.

Let's see on 4 trends which will impact the Automobile industry in the near future:-

1. 𝗘𝗹𝗲𝗰𝘁𝗿𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻: To reduce dependency on oil, the government is encouraging the manufacturing of electric vehicles & public transport such as buses and taxis.

2. 𝗔𝘂𝘁𝗼𝗻𝗼𝗺𝗼𝘂𝘀: There is research going-on on automobiles that will not require human interaction but purely use AI, ML & IIOT for movement. Tesla is continuously working on it & in the near future, we may see such cars on roads.

3. 𝗖𝗼𝗻𝗻𝗲𝗰𝘁𝗲𝗱: This will happen in various ways between cars, traffic infrastructure, & automobile occupants.

4. 𝗦𝗵𝗮𝗿𝗲𝗱: Vehicles will be provided as service on-demand & people wouldn’t have to invest substantial money into owning a car. Many shared car services have already sprung up such as #Uber, #Ola, #BluSmart, etc.

What are your thoughts?

#Automobile #Future #MayankThoughts