The
latest technology is changing the automotive world more rapidly. Anyhow, there
are some trends which are lasting some impacts on the automotive industry. In
these impacts, there comes a shortage of drivers, prices of the fuels and some
other things. Anyhow, there are lots of benefits of automation. Some essential
benefits of automation are that it is increasing the productivity of the
vehicles, it is improving the quality of the vehicles and it is also decreasing
the human labour costs. If we take an overview of the world without autonomous
vehicles, it looks pretty obvious to us. Here, we will discuss five technology
trends that will change the concept of automotive.
Autonomous Vehicles:
This
technology was introduced several years ago. We are using this technology in
modern cars and vehicles for various purposes like controlling the adaptive cuisine
and assisting the emergency brake system. Nowadays, lots of advancements are
brought in the field of autonomous vehicles.
The modern autonomous vehicles can
perform lots of tasks like self-driving and autonomous parking. No doubt, we
are using this technology from various years but this technology is not
acceptable for the general audience. Lots of technology companies are working
on it and in the future, we will be able to bring lots of advancements in this
field. After bringing these advancements in this field, the general public will
be able to use autonomous vehicles. There will a lot of benefits of autonomous
vehicles. Some essential benefits of the autonomous vehicles are that these
vehicles will reduce the accidents, these vehicles will reduce the traffic
congestion, these vehicles will reduce the emission of carbon dioxide, these
vehicles provide the best transportation facilities and these vehicles will
also reduce the travel time and transportation costs.
Electric Vehicles:
Engineers
are working on this technology for lots of time and they have introduced some
electrical vehicles for the general public. No doubt, the general public is
also interested in the electric vehicles because these electric vehicles will
be helpful for them to reduce the fuel costs and these electric vehicles will
also be available at the lower costs than other vehicles. Tire services for electric cars are also much lower. For example you should do wheel alignment every six months. Now, the downside of
these electric vehicles is that it is using battery technology. The life of
this battery is short and it takes lots of time to fully charged. In this fast
era, no one wants to spend 24 hours in charging the battery. After spending 24
hours in charging cars, these cars can travel only 100 kilometres. In the
future, there is a possibility that engineers will introduce new technology.
With the help of this new technology, we will be able to charge the battery of
these electric vehicles just within 1 to 2 hours. After fully charging the
battery, we will also be able to travel up to 300 kilometres. Moreover, the
life of this battery will also be longer. It means that we can run this battery
at least for ten years. These kinds of electric vehicles will bring innovation
in the transportation field and all the people like to buy these electric
vehicles.
Digital Retailing:
Nowadays,
we can see that lots of shopping websites are available on the internet. By
visiting these shopping websites, we can easily buy anything and these websites
deliver these things to us at our postal address. These shopping websites have
made the shopping process easier and more accessible. Still, we have to visit
shops to buy some things. In the future, there is a possibility that the
concept of digital retailing will be introduced. With the help of this digital
retailing system, buyers will easily buy anything from an online shop. For this
reason, different companies are also introducing mobile wallets. With the help
of these mobile wallets, you will not need to carry paper currency along with
you. You just need to create an account on your mobile wallet and submit money
in this account. All the shops will accept these mobile wallets and after
buying anything from a shop, you can pay money by using these mobile wallets.
That’s why in the future, digital retailing will become the biggest part of
retailing as well as part of business like dissertation editing services.
Subscription Services:
Subscription
services will also be an important and new concept in the automotive industry. It
is a business model and with the help of this business model, you will have to
pay a recurring amount to the owners regularly for using his products. This
kind of business model was presented by different authors in their books in the
17th century. Nowadays, lots of companies and businessmen are also
using this business model. In the future, people will see this concept in the
automotive industry in various ways. First, people will be able to avail a subscription
for a fixed set of automotive vehicles. Secondly, people will be able to use
subscription services for the unlimited use of automotive products. Thirdly,
pay-as-you-go service will also be available for the people. With the help of
this subscription service, you can also buy an automotive product periodically.
AI And
Analytics:
AI
and machine learning will also bring lots of advancements in the field of the automotive
industry. With the help of AI and analytics, we will be able to gather enough
data from the autonomous vehicles and we can also use this data for various
purposes. For example, we can use AI and analytics in automated cars for
various purposes. First, we can easily navigate the complex traffic situations.
Secondly, we can use cars for sending different things. Thirdly, we can pick
and drop the passengers on the specific routes. Fourthly, we can enjoy the
benefits of sustainable transportation. Moreover, AI is also bringing lots of
advancements in the field of the automotive industry. First, we can use
different driving features of AI in autonomous cars. Secondly, we can use
different AI cloud services like predictive maintenance and individualized
marketing in self-driving cars. Thirdly, we can also use AI for automotive
insurance in self-driving cars. At last, we can also use AI for car
manufacturing.
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