The automotive industry is one that has changed significantly over the years. From the original Ford Model T released in 1908 to the first ever Tesla to be released, the Tesla Roadster in 2008, the automotive industry is one that’s ever changing. Despite all the changes we’ve previously seen, there’s plenty still to come in the future and this post is a look into the what we can expect to see from the future of cars and the automotive industry.
Automotive Industry in 2017
Connected Cars Will Continue to Move Ahead
The current generation of people is one that is full of fully connected individuals. Smart phones and social media bring people together in ways that no one could ever have dreamt and the automotive industry and cars in general are moving ahead at a rate of knots too. The Uber generation is well and truly here and that is only the start of change. Brand loyalty is a big thing for millennials but those even younger are now starting to explore different options and opportunities.
These new consumers will start to put more emphasis on things like the digital capabilities of the vehicles they travel in or look to buy. What services, networks and data can they access from their vehicle and how enabled will their vehicle be? This younger generation are now starting to expect a range of apps and digital functions in their vehicles and from 2017 onwards, you can expect a range of digital features to start to become a necessary feature in new cars.
These features aren’t just focused on apps and connectivity either. There’s going to be plenty of new tech additions to cars that will help toward health and safety too. For example, in the US it will be law that from May 2018 onwards, all new cars must include a reversing camera in order to try and reduce the number of accidents caused by people not noticing others crossing behind their vehicle.
Electric Vehicles Are the Future
A recent report shows that the alternative fuel and hybrid vehicle market will hit $614 billion by 2022. The Asia-Pacific region is the one that is continuing to dominate this particular market, especially China and in July 2016, the market share for electric vehicles sales in China broke through the 1% barrier, up to 1.1% of all new car sales. This probably doesn’t sound like a lot on paper but to put it into perspective, this meant that 34,000 new electric vehicles were on Chinese roads in July which is a 188% increase compared to June.
In the UK, there’s been a huge surge in demand for electric vehicles with new registrations of electronic vehicles rising from 3,500 in 2013 to almost 95,000 by the end of March 2017. These stats are a good indicator as to the rise in the popularity of electric vehicles around the world and this is something that you can expect to grow even more in the coming years.
New Materials Race Heats Up
When it comes to tough, high-speed, lightweight materials Formula 1 is almost always at the forefront of the development. In 2017, materials and technologies that are developed, especially in Formula 1, will continue to transition toward mainstream manufacture and use. There’s constant innovation in the development of tyres with one recent innovation being run flat tyres which enable you to travel a distance to get to a safe place in order to change your tyres.
New materials are only half of the story though as new materials means new vehicles and new vehicles means new processes. Many manufacturing processes have been turned on their head with the growth seen worldwide in electric vehicles. The battery in these cars is the final piece to be fitted in many of these new EVs which is a complete reversal to the traditional process and means that manufacturers of these vehicles will have to refine their processes.