Personalized, linked, autonomous, and environmentally friendly commutes are the way of the future of mobility. Manufacturers research techniques to develop intelligent automated vehicles to keep on top of mobility industry trends. Future car construction will involve cutting-edge technology and procedures, whether the vehicles are autonomous, connected, electric, or hybrid. Building a smart city and achieving decarbonization objectives both depend on tools like big data and ideas like shared mobility. Newer technologies like widespread electrification and mixed reality (MR) also have a lot of uses in the mobility sector.
The way we view cars and how we use them is evolving. Future modes of transportation will be influenced by developments in energy technology, artificial intelligence, societal preferences, and environmental concerns.
The dimensions of mobility will change toward new vistas throughout the next ten years due to several inventive headwinds. With the business gradually shifting away from an ownership model and toward an access model for Mobility-as-a-Service (MaaS), especially for younger generations, changing consumer needs are crucial. This transformation has been fueled by three pillars:
1. Alternative powertrain configurations
2. Developments in electric vehicles
3. Access to on-demand services is widespread
MaaS is becoming more prevalent due to social issues including growing urbanization, population expansion, and environmental concerns. To meet these needs, new kinds of mobility are needed, which has led to forecasts that our current system of fossil fuel-driven mobility, centered on vehicles, will eventually be replaced by a system centered on consumers and powered by electricity.
The most intriguing trends expected to spur innovation over the following ten years, given the way the sector is changing, are:
• Electrification
As government legislation intensifies incentives to encourage adoption, the global share of EVs is anticipated to rise. At the national, state, and local levels, stricter pollution, and fuel economy objectives are anticipated to persist, particularly in Europe and China. Additionally, the most widely used type of lithium-ion batteries is becoming less expensive to create, pointing to future improvements in manufacturing and increased production of EVs. Mass consumer adoption of EVs will unavoidably benefit from incremental cost-reduction measures.
Additionally, the integration of the mobility sector with electrical grids is growing. Even though EV charging can cause local restrictions and stability issues on power networks, there is greater access to charging infrastructure. In some cases, electricity companies are trying to use EV batteries to stabilize grids, a sign that renewables are becoming more widely integrated into established networks.
The short-term issue for manufacturers is to sell enough electric vehicles (EVs) to meet strict fleet emission restrictions and fuel economy targets while maintaining profitability. Because of the urgency, automakers are investing in startups to increase their knowledge and expertise and take advantage of change.
• Vehicles with autonomous capabilities will revolutionize transportation
Driverless automobiles may become a reality in the future of mobility thanks to Automated Driving Systems (ADS), which are the result of the steady advancement of automotive technology.
Significant advantages of autonomous driving include enhanced safety, time savings, mobility for non-drivers, reduced environmental damage, and lower transportation costs. Regarding human safety, many modern vehicles currently employ a combination of hardware (sensors, cameras, and radar) and software to enable vehicles to recognize certain threats and prevent collisions.
Semi-autonomous driving is now possible thanks to advancements in machine vision software and sensor technology. The Advanced Driving Assistance System (ADAS) has new features that improve driver capabilities and help in cases of distraction or fatigue. These features include adaptive cruise control, automated braking, traffic and lane departure warnings, and more.
A key component of driver assistance technology, car sensors have been improved on the hardware side to help vehicles recognize and regulate their surroundings. Different strengths are offered by each sensor: Radars measure distance and speed, cameras identify colors and typefaces, and lidar renders the environment in a highly accurate 3D. Given the detecting precision required for partially and completely autonomous cars, these sensors do have significant limitations and cannot be employed alone.
• The vehicle-to-everything revolution will simplify lives
Vehicle-to-Everything (V2X) refers to wireless technology that facilitates data interchange between moving vehicles and their surroundings. It includes Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) communication. In particular, V2X technology allows cars to wirelessly communicate with linked devices on other cars, pedestrians, and road infrastructure, which solves the problem of sensors that can’t detect items outside the line of sight. V2X enables cars to detect the movement of objects outside the field of vision when devices are connected to the same wireless network, ensuring safety beyond the limitations of the conventional line-of-sight sensors.
By alerting drivers to impending traffic congestion, offering an alternate route, and minimizing impending traffic congestion, adaptive cruise control with V2X technology can save CO2 emissions. Such technology will lessen traffic and cut down on fuel expenses. It is anticipated that V2V communication, which focuses on safety precautions, will dominate the vehicle V2X industry.
• The advent of mobility-as-a-service is transforming city navigation
The main drivers of Mobility-as-a-Service (MaaS) are EVs, alternative powertrains, and on-demand business models. Changes will eventually replace the current vehicle-centric mobility system with a more effective consumer-centric one. Due to a rise in investment interest and quick consumer uptake, MaaS has lately extended into bikes and scooters after first concentrating on ride-hailing and then car-sharing. These areas are frequently referred to as micro-mobility. Urban residents can travel small distances thanks to the light cars employed in micro-mobility.