How the pandemic is changing the future of automotive Restarting the global automotive engine. Posted on November 2, 2020 2 minute read. The Future of Automotive Innovation. The coronavirus pandemic has extracted a heavy toll but I am optimistic that in the days ahead, the automotive industry will zip out of this crisis, healthier, stronger and more resilient. Melissa Burns. https://www.forbes.com/.../2020/08/05/top-20-post-covid-automotive-trends Most Popular. Automotive industry trends in 2020 are primarily dictated by the demands of a new class of consumers – sophisticated customers with a high level of consciousness and awareness, ever-growing needs, and environment-focused preferences. When you think of cars in the future, what comes to mind? This creates obvious challenges for car dealerships trying to make plans for their business and devote resources to the future. In our recent report on Consumer Trends for 2020 , Brandwatch surveyed 8,000 people around the world and studied social posts around key topics and industries to see what shifts we could see heading into a new year. Automotive Active Safety System Market 2020: Industry Growth, Competitive Analysis, Future Prospects and Forecast 2025 . The automotive industry is entering a period of intense change. The conference offers a platform for open discussions to all relevant stakeholders and is a must for those who want to capitalize on the emerging opportunities that AI brings to the automotive sector. The Volkswagen corporation leads the way, with $15.8 billion spent in 2018. At the rate that smart technology is advancing, companies have to work hard to avoid being left behind. In the future, my ride to work will be an autonomous vehicle, provided compliments of Amazon Prime. 14-January-2020 | Digital Economy | Hyperconnectivity. The auto industry is heading toward a transformation – and the wide-ranging impacts are well underway. (29043637) Staying current and aware of technological breakthroughs is key in the automotive industry. The future of cars looks bright considering that 6 out of the 20 biggest R&D spenders in the world come from the automotive industry. will shape the future of the automotive industry. Zili Huang Intern, Platforms for the Fourth Industrial Revolution, World Economic Forum Beijing. 2.6 million people work in direct manufacturing of motor vehicles, representing 8.5 % of EU employment in manufacturing. Protoypes are out as companies struggle to outdo each other. Peng He Project Lead, Automotive and Autonomous Mobility, World Economic Forum Beijing. Tesla is at the forefront of the fuel-efficiency movement, releasing a slew of electric and hybrid vehicles that can take you for hundreds of miles with a single charge. Specifically designed for the automotive industry, the event engages with new ideas, innovations, upcoming challenges and future opportunities of automotive AI. Top 5 Challenges Automotive Industry Will Face In The 2020s . 25 Feb 2020. The Future of the Car Summit is the Financial Times’ strategic, mega-trends event for senior automotive industry executives seeking to turn the forces of disruption into engines of growth. UpLink - Take Action for the SDGs . In this study we present a coherent market model for a clear future strategy for your company. For instance, Merrill Lynch senior auto analyst John Murphy predicts that the soft auto industry market will continue softening through 2022, bottoming out at 14 million vehicles per year. View in article. India was the 4 th largest auto market in the year 2017 with the numbers on sale going up 9.5% every year. Massive change ahead for the Canadian automotive industry. 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