Electric Car Revolution: The Car industry is moving towards the Smartphone Revolution
The main trends in electric cars are the electrification of cars, automatic driving, and increasing use of screens and software. There are mainly two common features. One is that these trends are fundamentally changing the business of car manufacturing and sales. The other is that the main strengths of old-fashioned car companies are that they have nothing to do with these trends. In other words, these trends are driving the industry away from many of the technologies that these companies have built over the decades.
Last year, 40 percent of the cost of building a car was spent on electronics. That was 27 percent a decade ago, and in 2000 it was only 18 percent. In terms of cost, so it has become a lot of consumer electronic items. In the future, drivers will pay more attention to the huge internet screen in front of them than to the road in front of them. As a result, different types of earnings will come out of here. Some companies are already offering users the opportunity to upgrade their automated driving software. Again, there is the opportunity to purchase upgrades for various car components through software updates for a fee. This trend will continue to grow in the future.
Automated driving, connectivity to other devices, electrification – these are the factors that mainly affect the car’s key changes. The average car use in the United States has increased by more than 20 percent since the 1980s. In cities like Beijing or Cairo, many people’s daily lives are spent in cars. To make use of this time, the car only has to come out of the vehicle’s utility. The car needs to be connected to other more necessary functions. This is where the use of software can come as a solution.
Tesla has individually identified each component of this new form factor and, at the same time, has created consumer demand for them. Tesla has become the most valuable car company in the world in just a few years. On the other hand, other companies in the industry are competing with them. The rest of the industry has an idea of what the future industry will look like, and they want to emulate this model. That is, car companies are now passing their Android moment.
A few weeks ago, Nvidia announced their next-generation chips for cars called the Oren and Atlantis. They also announced a Hyperion reference kit that has all the necessary sensors and software. These will allow carmakers to combine artificial intelligence and automated driving. A few months ago, LG and contract manufacturer Magna announced that they would be working on an electric pirate train with a motor inverter and onboard charger. These can be easily attached to the car by car manufacturers. Rumor has it that Apple Car is going to be their first customer. But to the surprise of everyone in the industry, Volkswagen has mastered their first Maybe electric platform license. These include motors, batteries and powertrains. Ford has already announced plans to use it to build cars.
There are startups like AI Motive that develop automated driving for clients. Contract manufacturer Foxconn is entering the car assembly business. Again, many companies are building joint charging networks to compete with Tesla superchargers.
‘Componentizing and standardizing’ has created a major operating system for computers and smartphones. The same is going to happen with cars. Many companies, including Sony and Huawei, are slowly removing the clutter and clutter of custom user interface makers from car screens. New companies like Polstar have announced that they will offer car services using Google’s software. Once the new manufacturers can use the same engines, batteries, self-driving, etc. As for the big companies, this industry will also become a field of equal competition in their cars.