The global automotive industry, if it was to be considered a country, would rank sixth in economic size. It generates around three trillion dollars in annual revenue and directly employs around 14 million workers. Read more in blogs.lse.ac.uk The supply…
Autonomous vehicles can optimize transportation efficiency by reducing congestion and improving traffic flow. With connectivity and communication capabilities, self-driving cars can coordinate with each other, adjust speeds, and optimize routes Read more in Datafloq Emerging Trends in Autonomous Vehicles and…
Shifting consumer demands, breakthrough technologies and new regulations – mobility in 2040 will look dramatically different than today. Our four scenarios can help you navigate this disruption Watch he video by Mckinsey What will mobility look like in 2040? was…
By 2050, 68% of the world is projected to live in cities. But what will those cities look like? There is no one template – some of these cities will be intentionally planned or rebuilt, while others will spring up…
As the world moves towards the electrification of the transportation sector, demand for oil will be replaced by demand for electricity. Read more in visual capitalist The EV Impact on Oil Consumption By Selin Oğuz was last modified: June…
More than 10m electric cars were sold in 2022, reducing global emissions by 80m tonnes of CO2 equivalent (MtCO2e), according to the IEA. The agency adds that sales are expected to reach 14m by the end of this year. Read…
Swedish startup Luvly is developing an ultra-efficient electric microcar — and like the furniture made by its compatriot Ikea, Luvly’s tiny EV will ship flat. Read more in Free think This $11,000 microcar ships flat like IKEA furniture By Kristin…
Since the COVID-19 pandemic, Americans have taken on significantly more debt to buy vehicles. This is especially true for Gen Z and Millennials, who the Federal Reserve believes may have borrowed beyond their means. Read more in Visual Capitalist The…
Consumers racked up more than 15 billion hailed-mobility trips in 2019, with revenues reaching $130 billion. By 2030, total revenues from hailed mobility could increase to between $450 billion and $860 billion, accounting for 80 to 90 percent of consumer…
Customers are expecting exceptional customer service with automobiles. For example, selling cars at transparent prices, one-click access to in-car services, and creating seamless online-offline journeys. Read more in bacancytechnology Top 10 Automotive Industry Trends and Technologies to Look for in…
