In addition to the challenges of diversification, there is another challenge that is technological development. Every car manufacturer is investing hugely in research and development to compete with competitors. At one point when this is increasing the cost of vehicles for consumers, on other hand, it is bringing in new technologies for consumers.
The automotive industry is transforming very fast, and carexpertgroup.com for car warranty is looking forward to new along with the influx of electric cars.
The main one is the pressure to reduce the consumption of fossil fuels, which requires manufacturers to play both on thermal engine technology and their combination with electric motors and batteries.
This pressure is exerted through changes in regulations and taxation but also, by the obligation of commitments for each group.
Each manufacturer has committed to a schedule for reducing the CO2 emissions of its average vehicle sold.
There is an increase in R&D costs, an increase in the cost of engines due to their sophistication. An aggravating factor, the mastery of engine control techniques is now concentrated in three or four specialist equipment manufacturers, certainly competitors.
The arrival of these very low consumption vehicles (pure electric or hybrid predominantly electric) will introduce a real breakthrough in the design. An essential element of the electric vehicle is its energy reservoir: the battery; both heavy and expensive, highlights a characteristic that no one was interested in.
The automotive landscape will have almost entirely changed by 2025. The manufacturers and equipment suppliers have been increasing the number of show cars, prototypes, and announcements. The automobile of tomorrow promises to be more and more autonomous, electric, and of course, connected.
Let us also mention BMW, which proclaims loud and clear that “ the future is electric “, or even Mercedes, which explains that it is making a change allowing it to move from the status of an automobile manufacturer to that of a supplier of mobility services. An approach that responds to the concerns of the automotive industry about new uses such as car sharing, which could lead to a decline in the private car market.
Although laudable in principle, this move towards cleaner and safer vehicles also raises many questions. Each kilometer accumulated makes artificial intelligence safer, since each new situation enriches the efficiency and responsiveness of the algorithms.
From an ecological point of view, the electric car is also not the paragon of virtue it claims to be: a large part of the world’s electricity is produced by polluting coal-fired power stations, and the conditions of extraction rare metals necessary for the manufacture of batteries, in China, in particular, is not ecological. Not that this makes the heat engine cleaner by mirror effect, but it is important to place the elements in perspective.
As we can see, there is no miracle solution – or not yet – in terms of individual transport. The only certainty is that the movement towards the autonomous and electric is underway and appears irreversible.