The Future of the Automotive Industry

The automotive industry is one among few that is keen on finding new ways of making the ride convenient and safe for people. They have worked with many technology companies to invent the most advanced vehicles. Cars are equipped with smart devices, emergency braking capabilities, mapping technology, and of course, better fuel technology. All these factors make the car a better version of transportation.

In the next few years, we will be able to see how the technologies used in the automotive industry advances with time. Here are some of the technologies that are progressing at a high rate.

Fuel-efficient rides

Tesla pioneered the fuel-efficiency revolution with a number of electric and hybrid vehicles which can cover miles with a single charge. More than 2 million electric vehicles were sold around the world in 2016, and the figure is growing every year. Companies like VW and General Motors have launched their own concepts of electric cars. Volvo mentioned that all their cars from 2019 would be equipped with an electric motor. Apart from saving fuel cost, electric vehicles are also becoming more affordable. Companies like Hyundai and Toyota are providing electric cars for as low as $30,000, which widely suggests that soon people will be switching to electric vehicles.

Predictive Vehicle Technology

The automotive industry is keen on implementing AI and machine learning in their vehicles. The AI and predictive capabilities of cars are improving day by day, which is personalizing the driving experience of the owners. The companies are using algorithms that use data to create an automated process of setting up a vehicle and customizing it according to the need of the person. The cars can now be connected to smartphones and take commands. Predictive vehicle technology can also be used for vehicles to find out any defects that go unnoticed or any parts that need replacement. It can also estimate the performance of your car based on its condition and the mileage. It will be effective in informing users for any safety hazards that can be linked to the vehicles.

Self-Driving Technology

Autonomous driving technology is breaking the barriers for driverless cars, but there is a lot to improve. Many companies are working on self-driving functionalities, including Tesla. The cars have semi-autonomous capabilities which is embedded in the form of driver-assisted functions. Some of the creatures of self-driving technology include automatic-breaking sensors, object recognition, motorway lane sensors, mapping technology, cameras in the front and back, GPS tracking, and more. The drivers can switch to cruise control and also use the convenience of self-parking function. Google has revealed a self-driving pod called Waymo that is embedded with all the features of a self-driving car. Ford is predicting to have their own self-driving vehicle by 2021 that will be complete for driving on the roads.