In parallel, players within the auto business should set up new hands-on capabilities and develop new applied sciences centered on the connected automobile and on-demand, real-time companies. Autonomous driving – self-driving vehicles – especially at level 4+, threatens to additional exacerbate the shared mobility trend with the promise of drastically decreased prices per mile. Digitalization and software program have turn out to be the new battleground for differentiation in the automotive trade and has carmakers dropping floor to tech firms and digital players. At the same time, new pure-play electric car OEMs and startups have seen staggering increases of their valuation, far surpassing many legacy players within the industry. The automotive sector is among the key pillars supporting the growth of the manufacturing trade and the national economic system.
- Deploying autonomous solutions that allow prospects to shortly scale from prototype R&D and testing phases to full manufacturing in quite lots