Tag: Automobile engineering

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Top Innovations in the Automobile Industry You’d be Surprised to Know

From horsecarts and the first steam-powered automobile built in 1769 to supercars and electric vehicles, the automotive industry has come a long way. Innovation is what drives the automobile industry to deliver and exceed customer expectations and change the industry landscape. While it may seem like the automobile industry has hit a brick wall in terms of innovation, it is far from the truth. Automotive innovations take place in both smaller and larger scale from minor improvements in engine performance and fuel economy to driverless cars and automotive telematics. The car industry is rapidly innovating to improve sustainability and decrease its dependence on fossil fuels. Today, the automobiles are not all about the hardware and engines but incorporate software and artificial123 intelligence to become a truly smart car. So, what are the automotive innovations that are transforming the car industry?

Top innovations in the automobile industry

Hydrogen powered cars

Imagine an electric vehicle, which can be refilled similar to traditional processes and provide the same range as conventional cars and trucks. Hydrogen powered cars use hydrogen gas to power an electric motor. It uses hydrogen and oxygen to produce electricity and produces only water and heat as a byproduct. Toyota has taken initiatives to succeed in this area by rolling out Toyota Mirais in California. By 2017, the company already sold as many as 5,3000 Mirais globally. A five minutes refueling can provide a driving range of around 312 miles.

Self-driving cars

To err is human, and self-driving cars don’t rely on humans to navigate safely on the road. Tesla has revolutionized the automotive industry by developing complex AI systems, which can drive far cars more efficiently and safely than humans. Such cars can easily detect road signals, incoming traffic, and sudden lane changes to maintain safety. Additionally, full autonomy will allow fleet management and logistics companies to lower the financial cost of transportation. Tesla cars are equipped with 12 ultrasonic sensors that detect both hard and soft objects at nearly twice the distance of the prior system.

Holographic dashboards

Dashboards are the control panel in a car and provide the driver with the necessary information and alerts. It also allows the user to control specific aspects of the vehicle. But wouldn’t it be cool to control by just looking at it? Porsche just unveiled Mission E, a concept car which can be charged by merely driving over a special tile and has a holographic dashboard which can be controlled just by looking at it. The dashboard instruments in the car are operated by eye-tracking and gesture control systems and some even via holograms.

Mercedes vision van

At CES 2017, Mercedes unveiled their Vision Van, which reimagines how a future van should be like. The vehicle integrates numerous innovative technology by featuring a fully automated cargo space and has delivery drones that can deliver packages up to 2kg till distances up to 20kms. The car is powered by a 75kW electric drive system, which offers a driving range of up to 270km. Vision Van also features a telematics system, which collects and processes data related to the status of the delivery.

Goodyear spherical tire

The auto industry has witnessed numerous automotive innovations relating to cars or driving systems. However, many people wouldn’t have expected innovations in terms of a vehicle’s tires. Goodyear brought some refreshing idea with its concept tire, Eagle-360. The tire was designed with key features of maneuverability, connectivity, and biomimicry to enable autonomous mobility. The tire can communicate with autonomous vehicle control systems to sense road conditions and weather conditions to improve safety and adapt to road conditions. Additionally, the tires also shape-shift to adjust to different terrains and automatically repairs itself.

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Top Automotive Companies Across the World

With a majority of the population owning cars in the developed parts of the world, one may be compelled to think that the automotive market is reaching its saturation point. However, that claim is far from the truth as 81.6 million automobiles are expected to be sold by the end of 2018. The major reason driving this growth can be attributed to the growing income in the developing nations. Additionally, people also see cars as a status symbol and often upgrade to a better model for better looks or performance. So who are the top automotive companies in the world fuelling theRequest Free Proposal overall growth?

Top automotive companies across the world

#1 – Toyota

Toyota has been dominating the automobile industry for over a decade now. The world’s largest automaker is on the top of the list even after their market cap fell by 13.9% in the past three years. Toyota Prius is their top selling model with more than 10 million units sold till date. The auto manufacturer has a market cap of $157 billion, which is nearly three times the size of the car company 5th on our list. The automotive company is also the world’s largest hybrid electric vehicle seller with the popular Prius and Camry model available in hybrid electric form.

 #2 – Daimler AG

You may have guessed Volkswagen or General Motors to take this spot, but the recent success of Daimler AG, owner of luxury Mercedes-Benz brand, means they make the number two spot. It is the largest German automaker selling about 3 million vehicles last year. Their luxury brand Mercedes-Benz itself sold around 2.3 million cars in the same period registering an increase of 9.9%. Alongside luxury sedans, the auto manufacturer offers smart cars, trucks, buses, coaches, camper vans, and other mobility services.

Top Automotive Companies Across the World#3 – Volkswagen

One of the top automotive companies in the world, the Volkswagen Group, includes a host of top car brands in the world including Audi, Bentley, Lamborghini, and Porsche. The company is experiencing phenomenal growth with a 4% year-over-year sales increment. At the same rate, it is expected to be the leading auto manufacturer surpassing Toyota very soon. The company sold 6 million units in the year 2016 with VW brand’s Jetta, Bora, and Vento amongst the best-selling brand.

#4 – BMW

The luxury car manufacturer has moved up the ranks significantly in the last few years with sales of over 2 million units in the year 2017. The company is actively contributing to the environmental sustainability by focusing its effort towards BMW I, a plug-in electric vehicle. Furthermore, the company has significant motorsport history especially in touring cars, sports cars, Formula One, and Isle of Man TT. BMW 3 series is their top selling model with the company reporting sales of over 70,000 in the year 2016.

#5 – Tesla

Although a newcomer in the top 5 listing, Tesla has been making headlines with its launch of Model 3 and Tesla Roadster last year. Tesla completely revolutionized the electric vehicle industry and redefined performance of electric cars. For instance, their electric sports car Tesla Roadster can do 0-60 in 1.9 seconds and provides an impressive range of 620 miles, touching a top speed of 250+mph. Tesla’s CEO, Elon Musk, is a renowned public figure and also manages Space X. The company sold more than 100,00 Model S sedans and Model X SUVs in 2017.

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Top Challenges Facing American Automobile Companies in 2019

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Is Shared Mobility Hurting the Growth of the Automotive Industry?

Today, roads and highways are overcrowded with vehicles. Governments and activists around the world have been doing all they can to ensure efficient mobility solutions to reduce overall traffic flows, environmental pollution, and cost of vehicle ownership, and transportation. Shared mobility solutions look forward to solving such problems with transportation services that are shared among users, such as public transit, bike sharing, car sharing, carpooling, shuttle service, and neighborhood jitneys. Recent studies show that the growth of the shared mobility market is higher than the rate of global vehicle sales. The preference for such a sharing economy can transform the auto industry.

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Will Shared Mobility Slow the Growth of Auto Sales?

Although it looks likely that there will be fewer vehicles on the road due to the growth of the shared mobility market, the automakers can still reap benefits out of it if they can position themselves for the future. Since ride sharing, car sharing, and carpooling drives up the vehicle utilization rate, such vehicles will have to be replaced or serviced more often. Numerous research reports suggest that shared mobility will only partially replace car ownership.

How will the Automotive Industry React?


In a bid to increase their revenue pool, automotive manufacturers will diversify towards on-demand mobility services and data-driven services. Such shared mobility and data-driven services will ensure recurring revenues from services such as car sharing, e-hailing, software upgrades, carpooling apps, and remote services. Considering that the car rental market requires a huge investment to buy fleets, automotive manufacturers could explore rental services along with other shared mobility strategies.

The Future of the Automotive Industry


The automotive industry is highly dependent on autonomous technology that will allow the car to become a platform for passengers and drivers to use their saved time on other personal activities. The use of self-driving cars would allow the service providers to optimally reposition the vehicle, increase coverage with a small fleet, and reduce the fixed-cost base; thereby, decreasing inner-city congestion.

Automakers and their suppliers need to understand the current requirements of the consumer and design mobility solutions that cater to their needs. Although shared mobility would inhibit vehicle sales to some extent, automotive players can position themselves to reap benefits through recurring revenue streams and extended services.

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Connected Cars – What’s Driving the Automotive Industry?

The global automotive industry is rapidly transforming with the growing innovations in automobile engineering and increased investment in research and development by the automobile manufacturers. Trends in automotive industry like connected cars, electric vehicles, and autonomous or self-driving automobiles are driving growth in terAsk an analystms of revenue and inventions. The automotive industry is one of the important industries in the world where  automobile manufacturers undertake a wide range of activities right from designing vehicles to selling them in the market. The connected car, one of the recent developments in the auto industry, has the potential to disrupt the automobile market with a high level of digital infiltration, which will bring a wave of change across the global market.

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Connected cars are touted as the next big thing” in the automotive industry and will soon replace the traditional mode of transportation for businesses and consumers alike. In simple words, a connected car can be explained as a motor vehicle that leverages mobile technology and the internet to operate and control key functions with the help of a smartphone, watch, tablet, or a desktop. These automatic cars work on the principle of IoT and are expected to offer new services to customers, which will help revamp the driver-car relationship in the near future.

Connected Cars and Their Drivers

The automotive manufacturers are increasingly adopting digital technologies across their automobile designs. Connected cars offer a wide array of technology and IoT-enabled features such as real-time traffic data, smartphone-vehicle synchronization, and driving assistance; thereby, changing the customer’s definition and usage of a motor vehicle. Today, technology led automobile engineering companies leverage artificial intelligence and telematics to deliver an exclusive customer driving experience. Connected cars offer safety, increased efficiency, better value proposition, and personalized customer experience, thereby changing the operations and functioning of the global automotive industry.

What’s driving the connected cars market, you ask? Here’s what.

connected cars

The market space for connected cars will be driven by these factors, across the globe. However, the automotive industry will face few roadblocks before achieving complete digital transformation. The challenges of the connected car market include data threats, platform incompatibility, and questions over its customer safety quotient. But for now, connected cars are the next big thing in the automotive industry and it is here to stay.