The paradigm of what a car is and the paradigm shift in mobility. The Energy innovation, the development of artificial intelligence, public interest, and environmental concerns all affect the way we live in the future.
After a bumpy ride in 2021, Momentum towards EVs now established
GlobalData figures show that electric batteries were about 3.0% of all new products produced by 2020, up from 2.3% in 2019 and a significant jump from 0.7% in 2016. By 2025, GlobalData expects production of more than 11.6 million electric vehicles worldwide, accounting for 11.6% of the world’s light vehicles sold by volume. By 2031, global automobile production should reach 28 million units, accounting for 26% of the automotive market.
By 2022, GlobalData predicts the production of 5.9 million light electric vehicles worldwide (compared to an estimated 4.3 million by 2021).
By 2036, GlobalData predicts the production of electric vehicles worldwide for 45.0 million units, accounting for about 40% of light vehicle production. Therefore, while the direction of travel on EVs is clear, ICE and hybrids have a role to play for some years now.
From 2010 to 2018, more than $115 billion is invested in mobility startups, 94% of which come from outside the automotive industry.
In addition, new regions, especially in Asia, are gaining more importance within the automotive industry.
The growing wave of technology-driven megatrends redefined mobility. The automotive industry is changing, and electronics and software are growing exponentially in value in the car. Such features require skills beyond the basics of automotive engineering. The content of automotive software is projected to grow at an average annual rate of 11%, bringing it up to 30% of the total car by 2030.
Autonomous Driving And Sulmi Pilot Will Reshape Mobility
The emergence of automotive technology promises great safety benefits with Automated Driving Systems (ADS) that, in the future of mobility, can make non-motorized vehicles a reality.
Self-driving cars will gradually incorporate six levels of development technology to assist drivers in the coming years. Six levels from Level 0, which requires human drivers to perform all driving tasks, to Level 5, where the car ADS applies in all cases. Intermediate Levels (NHTSA) still require human drivers to monitor the environment and perform certain tasks.
- Level 0 – No Automation: The driver performs all the functions.
- Level 1 – Driver Assistance: The vehicle is controlled by the driver, other driving assist features may be included in the vehicle’s construction.
- Level 2 – Partial Automation: The car has automated functions, such as acceleration and steering, but the driver should always be engaged with the driving function and monitor the environment at all times.
- Level 3 – Conditional Automation: The driver is a necessity but does not need to monitor the environment. The driver should always be ready to take control of the vehicle.
- Level 4 – High Automation: Vehicle is capable of performing all driving functions under certain conditions. The driver may have the option to control the vehicle.
- Level 5 – Full Automation: Vehicle is capable of performing all driving functions under all conditions. The driver may have the option to control the vehicle.
Self-driving provides significant benefits such as increased safety, time saving, non-motorized travel, reduced natural damage, and reduced travel costs. In terms of personal safety, a number of current vehicles are already using a combination of computer hardware (sensors, cameras, and radar) and software to help vehicles detect certain hazards and avoid crashes.
Sulmi pilot is at level 2 partial automation system and can perform the most advanced rider assist functions like collision avoidance, safety systems, crash alert, stability control, ride vision, blind spot detection and many more.
The adoption of Autonomous Vehicle (AV) technology will be evolution. In the meantime, it is expected that the Level 4 autonomy will be achieved between 2020 and 2023, with full acquisition coming later. Advances in sensory technology and machine detection software enable semi-autonomous driving. The Advanced Driver Assistance System (ADAS) incorporates new capabilities such as adaptive cruise control, auto braking, and traffic and lane departure alerts, which improve driver skills and assist in the event of a crash or fatigue. Improving driver safety technology is the only way to combat car accidents, as ¾ of them is due to the driver’s inability to measure driving conditions.
Major Disruption Brings Great Opportunities
Companies and organizations need to consider how they can grow effectively in all multiple markets and categories and how their supporting models work. A new combination of different skills is needed to build reliable solutions for transporting people and goods. Increased collaboration between players working in different fields will be important in promoting innovation.
In the view of the private sector, change will not be driven by one company or sector. Instead, it will require unprecedented collaboration to develop accurate and integrated mobility solutions, especially tech giants, with financial capabilities to support research and innovation in these fields.
From a public sector perspective, public-private partnerships, represented by large high-tech companies, should be encouraged as much as possible. In particular, governments should support the development of EVs and automations, by considering how to conduct investment in areas that can be used for the benefit of the country.
Disruption can be great, and it will bring both great opportunities and risks.