Guided technology-driven trends will revolutionize the way industry participants respond to changes in consumer behavior, develop partnerships, and drive transformational change. The development of emerging markets, the endless stream of new technologies, the introduction of sustainability policies, and changes in consumer preferences—all of these have changed the global economy dramatically. Digitalization, further automation, and new business models are transforming all industries, and the automotive industry is no exception. The above factors have led to four disruptive trends driven by technology in the automotive industry: diversified travel, autonomous driving, electrification, and intelligent interconnection. The automotive industry and experts agree that these four trends will strengthen and accelerate each other's influence. At the same time, the automotive industry is mature enough to make disruptive changes possible. Although it is generally believed that disruptive changes affecting the entire industry are beginning to take shape, there is no consensus on how these trends will affect the automotive industry in the next 10-15 years
Read More