Five tech trends set to change the face of the Indian auto industry

Five tech trends set to change the face of the Indian auto industry

The automotive sector has witnessed massive ups and downs in the last decade. But with the buzz of global digitization, you’re poised for a big change. The tango between tech and auto companies is gathering momentum. Electric mobility and green energy, machine learning and artificial intelligence, augmented reality and virtual reality, 5G cellular networks, Connected Autonomous Shared Electricity (CASE), Internet of Things (IoT), the strict regulations of Emissions and cybersecurity are among the technology trends reshaping the landscape of the automotive industry.

Electric mobility and green energy

Electric mobility is considered a life-saving technology, as it helps humanity meet the challenges of depleting fossil fuel reserves and rapidly deteriorating ambient air quality. Electrification is most relevant to urban areas where charging facilities can be filled with other services and amenities.

The future of electric mobility is based on the local design and manufacture of batteries according to the requirements of India. According to a recent analysis, EV MOM sales between February and May 2022 increased by 88%. Investors, government agencies, and car manufacturers are pouring money into this research to benefit from emission-free electric vehicles. The perspective of the automotive sector has changed due to the large-scale damage caused to the environment and the increasing rate of dependence on fossil fuels.

Electric Shared Autonomous Connected

A technological trend that is hot, especially in the world of mobility, is Connected Autonomous Shared Electric (CASE). It indicates that mobility in the future will go far beyond traditional automotive development. There will be a shift in focus with more focus on developing mobility solutions rather than designing the vehicle. It dives deep into technologies that depend on sustainability, energy and the environment.

Internet of things (IoT)

The Internet of Things (IoT) is another promising technology trend. It refers to devices that are connected to each other via the Internet. IoT has enabled devices like wearables, smartphones, home appliances, and cars. These products are capable of ‘talking’ to each other and exchanging data over the Internet.

IoT enables car owners to track mobility requirements, lock doors remotely, track energy consumption of electric vehicles, use traffic control systems, receive notifications for vehicle maintenance and plus. The biggest advantage of the technology is rapid data collection, system integration, and instant analysis resulting in controlled action.

Technology can improve customer service, enable predictive maintenance, efficiency, surveillance, and better security.

Artificial intelligence

AI-based vehicles set the standard in the automotive sector. The technology enables smart travel methods, where vehicles don’t need drivers and can be powered by software and sensors. These autonomous vehicles focus on reducing the need for human drivers and make everyday transportation convenient and hassle-free.

Virtual Reality and Augmented Reality

Virtual reality (VR), augmented reality (AR), and extended reality (ER) are next-generation technology trends. AR enhances the users environment while VR immerses them in an environment. Technologies have enormous potential in entertainment, marketing, training, education, simulation, etc. Therefore, it is expected to see these forms of technologies integrated in the automotive sector soon.

The bottom line

The end consumer might find all this technical jargon mind-boggling. However, the transformative impact will remain high. For example, a connected and enabled ecosystem can send notifications when engine oil or brake oil runs low and requires refilling in a day or two. The devices will be able to provide preventive notifications based on driving patterns and road conditions. As a result, the maintenance cost will be significantly reduced. Disruptive technologies can also increase vehicle longevity. Collision detection technology can reduce the number of accidents.

The automotive sector shows an upturn every year in the demand for new technologies. Industrialists and researchers are innovating the latest manufacturing technologies to meet demand. Car manufacturers are also implementing various techniques to bring the best and most innovative technology to their end users. In the coming years, the automotive sector is preparing to welcome the next innovations that will change the face of the industry around the world.

(Rajeev Kumar is the CTO of CarWale)

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