A
MINI PROJECT REPORT
ON
“APPLICATION OF EMERGING
TECHNOLOGY IN AUTOMOTIVE
INDUSTRY”
Submitted in Partial Fulfillment of Award of MBA Degree
Session – 2023-2024
UNDER THE GUIDANCE OF: SUBMITTED BY:
MR. Jagmohan Bhatia Prince Verma
(ASST.PROFESSOR) ROLL NO.
:230054766
DAYANAND ACADEMY OF
MANAGEMENT STUDIES AFFILIATED
TO A.K.T.U. LUCKNOW
DECLARATION
I hereby declare that this submission is my own work.
It contains no material previously published or written
by another person, nor has this material to a
substantial extent been accepted for the award of any
other degree or diploma of the university or other
institute of higher learning.
“PRINCE VERMA”
ROLL NO.: 230054766
COLLEGE
CERTIFICATE
This is to certify that the report titled “Write here your
Project Title: “APPLICATION OF EMERGING
TECHNOLOGY IN AUTOMOTIVE
INDUSTRY” being submitted by: PRINCE VERMA (Roll
NO.: 230054766) in partial fulfillment of requirements for
the award of the Degree of Master of Business
Administration is a bonafide record of the project done by
him / her, under the guidance and supervision of able
faculty members of the department.
We wish him/her all the best and a successful and bright
future.
“AMARENDRA TIWAREE”
Head of Department
SUPERVISOR
CERTIFICATE
This is to certify that the report titled “APPLICATION OF
EMERGING TECHNOLOGY IN AUTOMOTIVE INDUSTRY”
being submitted by: PRINCEVERMA (Roll NO.:
230054766) in partial fulfillment of requirements for the
award of the Degree of Master of Business Administration
is a bonafide record of the project done by him / her,
under the guidance and supervision of able faculty
members of the department.
We wish him/her all the best and a successful and bright
future.
Supervisor Name:
“MR. JAGMOHAN BHATIA”
(Asst. Professor)
ACKNOWLEDGEMENT
Mini Research Project Report is the one of the
important part of MBA program, which has helped me
to gain a lot of experience, which will be beneficial in
my succeeding career.
For this with an ineffable sense of gratitude I take this
opportunity to express my deep sense of indebtedness
and gratitude to Dr.
Sadhvi Mehrotra, Director, Dayanand Academy of
Management Studies, Mr. Amarendra Tiwaree, HOD,
Department of Business Administration, for their
encouragement, support and guidance in carrying out
the project.
I am very much thankful to, My Project Guide “Mr.
Jagmohan Bhatia”, Assistant Professor for their interest,
constructive criticism, persistent encouragement and
untiring Guidance throughout the development of the
project. It has been my great privilege to work under
his/her inspiring guidance.
I am also thankful to my Parents and my friends for their
indelible Co-operation for achieving the Goal of this
study.
TABLE OF CONTENTS
EXCUTIVE SUMMARY
CHAPTER-1 (INTRODUCTION / INDUSTRY
INTRODUCTION)
OBJECTIVE OF THE STUDY
CHAPTER-2 (REVIEW OF LITERATURE)
INDUSTRY OVERVIEW
KEY PLAYERS IN INDIA
CHALLENGES IN AUTOMOTIVE INDUSTRY
CHAPTER-3 (EMERGING TECHNOLOGY IN
AUTOMOTIVE INDUSTRY)
ORGANISATION AND WORFORCE OF THE FUTURE
SWOT ANALYSIS
METHODOLOGY
CHAPTER-4 (CONCLUSION)
BIBLIOGRAPHY
ANNEXURE
EXECUTIVE SUMMARY
This study lays out the emerging technological
opportunities that stand in front of the Indian auto
industry, with focus on the passenger vehicles, limited
to cars. It attempts to understand the levers that will
influence adoption of emerging new technologies and
aims to explain the choices that will be pursued by the
Indian auto players. The opportunities include
connectivity, electrified powertrains, autonomous
vehicles, and industry 4.0 A comprehensive survey of
automotive industry trends to look forward to reveals
information-centric technologies playing a central role
in the future of the industry. The industry is adopting
new technologies in its operations at an
unprecedented scale. In addition to technologies such
as artificial intelligence (AI) and big data S analytics
that have been around for a while, newer technologies
such as the internet of things (IoT) and blockchain also
find numerous applications in automotive. The result of
this research is data-driven innovation intelligence
that improves strategic decision-making by giving you
an overview of emerging technologies S startups in the
automotive industry.
Emerging technologies are technologies whose
development, practical applications, or both are still
largely unrealized, such that they are figuratively
emerging into prominence from a background of
nonexistence or obscurity. These technologies are
generally new but also include older technologies that
are still relatively undeveloped in potential
CHAPTER-1
INTRODUCTION
Emerging technologies are those technical
innovations which represent progressive
developments within a field for competitive
advantage
As innovation drives economic growth, and large
economic rewards come from new inventions, a great
deal of resources (funding and effort) go into the
development of emerging technologies
Since the introduction of automobiles to the
mainstream markets of the world, technological
innovations have always been a part of the industry.
The automobile industry is witness to several
incredible technological advances over the last
century. Right from the arrival of engines that used
fossil fuels to power transportation, the impact of
technology in shaping the automobiles over the course
has been enormous. Just like every other industry, the
automobile industry is also rapidly advancing in
contemporary times.
The integration of technological advances makes cars
safer, user friendly and has introduced several
features that improve their value and usefulness for
automobile owners. Modern automobiles can offer
much more than driving you from one point to
another, just like modern cell phones are capable of
performing more than just a call.
OBJECTIVE OF THE STUDY
To identify the challenges in automotive
industry. Globalization, individualizations,
digitalization and increasing competition
are pressing the face of the industry.
In addition, increasing safety requirements and
voluntary
environmental commitments by the automotive
industry have also contributed to the changes
ahead.
To identify the application of emerging
technology in automotive industry. The biggest
change that has already occurred in the
automotive industry as a result of technology
CHAPTER-2
REVIEW OF LITERATURE
Every industry transitions through the phases of
evolution, growth and progress. In order to study the
growth of an industry it is very important to know how
the industry evolved over the period of time, what
were its phases of growth, what were the difficulties
encountered, and how did it survive. The auto industry
has a long history of evolution, it is thus important and
necessary for the researcher to understand the
conceptual background and facts about this industry
A Number of relevant articles, books, research papers,
doctoral theses have been referred for this purpose.
This review has helped the research to gain an insight
into the past, present and future status of the auto
industry in general and auto component industry in
particular.
This paper provides a summary of the findings that
emerged from a detailed exploration of recent
literature describing innovative technology-based
projects. The exploration sought to investigate the
forms of technology-based learning being reported in
the literature with the view to discovering patterns
and themes in the forms of learning strategies being
employed, the enhanced learning outcomes being
reported and the nature of the evaluation
methodologies employed.
Innovations are rapidly transforming every industry,
and the automotive industry is no exception.
Innovations and adoptions are setting new trends in
the century-old automotive ecosystem, which has
undergone a drastic change.
INDUSTRY OVERVIEW
While the story of India’s economic growth over the
last twenty years is well known, it is often explained as
a services-driven phenomenon. However, some
manufacturing sectors have played an important role in
this economic growth, and the automotive sector is
prominent among them.
The automotive sector’s contribution is not only in
terms of revenues, profits, taxes and employment, but
more importantly in quality processes, efficiency
improvements, and product innovation. This dynamism
has been seen across the sector – in the commercial
vehicles, utility vehicles, cars, two-wheelers and
automobile component industries.
The Indian automotive industry is seeing significant
transformation with respect to its sustainable growth
and profitability. The fundamentals for growth
drivers in the automotive industry remain intact and
the sector is likely to see an increased upward trend
in demand in the coming years as the economic
environment improves and investments increase. The
Government’s ‘Make in India’ initiative has played an
important role in elevating the country’s position
and it has improved on nine out of ten parameters
for ease of doing business in the last three to four
years. Today, India is looked upon as a favorable
destination for low-cost manufacturing. The World
Economic Forum has ranked it 30th on the Global
Manufacturing Index-3, which assesses the
manufacturing capabilities of countries.
The automobile industry in India is the world’s fifth
largest. India was the world's fifth largest
manufacturer of cars and seventh largest
manufacturer of commercial vehicles in 2019. Indian
automotive industry (including component
manufacturing) is expected to reach Rs. 16.16-18.18
trillion (US$ 251.4-282.8 billion) by 2026.
Overall, automobile export reached 4.77 million vehicles
in FY20, growing at a CAGR of 6.94% during FY16-FY20.
Two wheelers made up 73.9% of the vehicles exported,
followed by passenger vehicles at 14.2%, three wheelers
at 10.5% and commercial vehicles at 1.3%.
The electric vehicle (EV) market is estimated to be a
Rs. 50,000 crore (US$ 7.09 billion) opportunity in
India by 2025. Several
technology and automotive companies have expressed
interest and/or made investments into the India EV
space.
The Government of India expects automobile sector
to attract US$ 810 billion in local and foreign
investment by 2023.
KEY PLAYERS IN INDIA
The market is characterized by the presence of
dominant players capturing a large market share of
individual segments. Maruti Suzuki India Limited and
Hyundai Motor India account for more than half of the
country's passenger vehicles market. Maruti Suzuki
India Limited has been the market leader for a long
time and continues to dominate the market by offering
multiple vehicles in each passenger vehicle sub-
segment at competitive prices. Other prominent
players in the passenger vehicle segment include
Mahindra S Mahindra Ltd., Tata Motors, Honda India,
and Ford Motor Company.
The three wheelers market is dominated by two
companies, Bajaj Auto Ltd. and Piaggio S C. SpA,
accounting for almost three- quarters of the market
demand in 2019. However, with the advent of electric
rickshaws, companies such as Mahindra Electric
Mobility are expected to intensify the country's market
competition. Apart from the three-wheelers market,
the electrification trend is expected to change the
competitive scenario of the country's overall
automotive industry. Companies
have launched or announced the launch of electric
cars, busses, and trucks to sustain the growing
competition. Some prominent
players in the India automotive market include:
• Tata Motors Ltd.
• Mahindra S Mahindra Ltd.
• Maruti Suzuki India Ltd.
• Hero MotoCorp Ltd.
• Bajaj Auto Ltd.
• Ashok Leyland Ltd.
• Sundaram Clayton Ltd.
• TVS Motor Company Ltd.
• Eicher Motors Ltd.
• Honda Motor Co., Ltd.
• Hundai
• MG Motor
CHALLENGES IN
AUTOMOTIVE
INDUSTRY
Despite the ongoing challenge of COVID-19, the
Indian automotive industry seems to be overcoming
most of its challenges, and many are now in the
review mirror. The sector is also benefiting from new
tailwinds, such as global supply- chain rebalancing,
government incentives to increase exports, and
technology disruptions that create white spaces.
These developments will help create opportunities at
all levels of the automotive value chain.
Trying to overcome the unprecedented challenge, the
auto industry stakeholders went for digitization to
adapt to the new normal and serve clients while
learning to be nimble-footed to keep factories
operating under COVID-19 restrictions and
concentrating on financial health by reducing costs
and generating free cash flows.
These challenges include a shortage of steel and
micro- processors (semiconductors) impacting
electronic components and systems.
Incidentally, the biggest challenge is to sustain
business operations and securing the financial health
of the organization. Performance of the automotive
industry is also linked to each stakeholder in the value
chain starting from vendors to the dealerships.
Let’s take a look at some of the challenges facing the
automotive
industry in 2021: -
New Regulations: -
China is now the world’s biggest market for
automobiles if we go by unit number. The challenge
for automakers here will be whether they should
consider entering the market and trying to compete.
More Demand for Independent Traders :-
We can also expect to see demand increase for
independent motor traders. While 2020 saw a bigger
demand than expected for new vehicles, we should see
some contraction in the market this year. This would
also be a perfect time to start a business as an
independent car retailer.
Alternative Fuel Vehicles: -
Carmakers cannot afford to ignore alternative fuels
anymore and will need to make concrete efforts to
meet the demand not only for fuel-efficient vehicles,
but vehicles that aren’t using fuel at all. There is a
torrent of information being released every day both
on new automotive technology and the impact of fossil
fuels on the planet. This debate is not going away
anytime soon and will keep increasing in the next
decade.
CHAPTER-3
EMERGING
TECHNOLOGY IN
AUTOMOTIVE INDUSTRY
Today’s economies are dramatically changing, triggered
by development in emerging markets, the accelerated
rise of new technologies, sustainability policies, and
changing consumer preferences around ownership.
Digitization, increasing automation, and new business
models have revolutionized other industries, and
automotive will be no exception. These forces are giving
rise to four disruptive technology-driven trends in the
automotive sector: diverse mobility, autonomous driving,
electrification, and connectivity.
At the rate that smart technology is advancing,
companies have to work hard to avoid being left
behind. We’ve already seen huge advancements such
as in-car Bluetooth systems, dash-cams, and key
finders. But what’s next for the world of automotive
tech?
The smart technology predictions over the next few
years are set to totally revolutionize the way people
drive.
These new ideas will focus on safer driving, easier
driving, and adding more fun enhancements to your
driving experience.
The technologies which will hasten the transition of
automotive are many and fast-changing. These are
elements that will impact the autonomous vehicle,
connected vehicle, ADAS (advanced driver assistance
system), and vehicle telematics.
Some of the emerging technologies which we think
would change the automobile in coming decade are:
Electric Vehicle Battery:
The electric vehicle is going to be the way forward for
the automotive and battery will play a key role here. The
automotive industry bets its future on batteries.
Government agencies, Investors and carmakers are
pouring money into research of batteries in a worldwide
race to profit from emission free electric vehicles.
According to Indian Brand Equity Foundation, EV sales,
excluding E-rickshaws, in India witnessed a growth of
20% and reached 1.56 lakh units in FY20 driven by two
wheelers. The
increasing rate of reliance on fossil fuels and the harm to
the environment caused by using them has changed the
outlook of automotive sector. Moreover, it has given
emphasis to electric vehicles (EVs). Electric vehicle
makers should come up with solutions on poor battery,
high price, inadequate charging infrastructure,
renewable energy-based charging, and fleet
electrification.
Battery Infused Body Panel / Energy
Storing Body Panels:
The carbon fiber composite panels were infused with
flexible super-capacitors capable of harnessing the
energy generated through regenerative braking, and
discharge back into the electric motor when needed.
The composite material also reduced the weight by
60% compared to existing components. While the
technical outcome was encouraging commercialization
will be subject to the cost of carbon fiber, including
recycled carbon fiber also which is too expensive,
compared to steel or aluminum.
Smart Tyers:
The tires’ outer surface is made of elastic polymer
(bionic skin), giving it the flexibility much alike human
skin, allowing it to expand and contract as per the
road surface condition. In case of puncture, the sensor
in the tread can locate it and the tyre rotates to
change the contact patch. This reduces pressure on
the puncture and allows the self-healing process to
start. The self- healing works thanks to materials
which are specifically designed to be able to flow
towards the puncture. They react physically and
chemically with each other to form new molecular
bonds, closing the puncture.
Artificial Intelligence & Machine
Learning:
AI-based autonomous vehicle are the pacesetter in the
auto industry. AI is enabling smart travel methods
through self- driving cars. These vehicles do not need
drivers and work on sensors and software. For control
and navigation. Autonomous vehicles are meant to
reduce the requirement of human drivers to make day-
to-day transport easy. Big industry players like Uber,
Tesla, Google are strongly supporting working
towards autonomous cars, making them more reliable.
With the current pace, it is estimated that further
application will also be explored, and investments will
pour in in the coming years.
Inflatable Solar Panel Car Cover:
A roof-mounted device that, with a flip of a switch,
covers the entire parked vehicle in a shield of solar
panels. It’s been more than six years since
Ford introduced its C-Max Solar Energy Concept. The
rooftop solar system that tracks the sun’s movement
and uses a Fresnel lens to concentrate its energy to
charge the C-Max plug and the system could produce
8 kilowatts of power.
Big Data & Analytics:
Big Data Analytics has the potential to deliver a
competitive advantage to the automotive industry by
creating new revenue
generation opportunities. Nowadays, companies build
abilities to leverage big data analytics by quickly
generating new insights based on an analysis of
structured and unstructured data.
Companies are using these insights to design new and
innovative products and services that are driven by
data to fulfill the business priorities and customer
needs through data analytics to glean valuable
insights through its data sets derived through
vibrations, temperature, and pressure sensors in their
cars.
Blockchain:
Blockchain has enabled the information more secure
and safe to change, hack or cheat the system. It
transforms the organization’s processes. It enables to
share the vehicle data over
a secure network for connectivity and shared mobility
solutions such as urban transportation, ride-hailing
and deliveries. It is also used in the verification
process to improve efficiency across back-office works
and supply chain. The disruption of blockchain in auto
sector is anticipated to increase in the future.
Human- Machine Interface:
As self-driving cars and connected cars transform the
automotive landscape, it will fundamentally change
how drivers interact with vehicles. Human-machine
interfaces (HMI) use
voice-based or haptic feedback to operate vehicles.
These expand the scope of how and what aspects of a
car that users control.
Consequently, such interfaces make the driving
experience safer and more enjoyable. Another form of
HMI includes smart virtual assistants who help drivers
and riders interact with the vehicles and other service
providers.
Micro-Mobility:
Micro-mobility is emerging as an alternative travel
solution for short distances which involves
lightweight, low-speed vehicles that can be shared or
privately-owned, and are pushed, pedaled or
electrically powered. It offers innovative and quick
solutions
to resolve issues such as parking and traffic
congestion. Many cities are creating cycle lanes and
car-free zones to help ease overcrowding on shared
and public transport for encouraging the use of
private micro-mobility vehicles.
Internet of Things (IoT):
In the automotive industry, IoT enables secure
communication between vehicles as well as vehicles
and infrastructure components. The technology
improves road safety, solves traffic congestion, and
reduces pollution and energy expenditure with better
fleet management. Startups and emerging companies
develop advanced sensing technologies to gather
more data about the vehicle as well as allow the
vehicle to understand its surroundings. The
technology also automates payments for fuel and
tolls.
3D printing, a new generation
manufacturing:
With the increasing demands witnessed by auto sector
for new vehicles and spare products, the industrialists
and end users always aspire for newer, better
performing vehicles and need to optimize production
and streamline supply chains and logistics. 3D
technology is helping to meet all these requirements
and challenges. It has been explored across all the
areas of automotive production. Apart from its usage
for rapid prototyping, it is also being used to produce
tooling and end parts.
ORGANISATION AND
WORFORCE
OF THE FUTURE
▪ The Future of Auto Companies: Teamwork Makes
the
Dream Machine
Car companies are teaming up like never before!
Instead of siloed departments, imagine engineers, tech
whizzes, and data gurus working side-by-side. This
dream team approach will fuel the next generation of
electric cars and self-driving wonders.
▪ The Future of Auto Industry Jobs: Buckle Up for New
Skills
The road ahead for auto industry jobs means new
skills are the key. Buckle up for a growing need for
experts in artificial intelligence, keeping your car safe
from hackers, and making sure your driving
experience is top-notch. Even mechanics will need to
level up their skills to handle the complexities of
electric and self-driving vehicles and to sustain
ergonomic development of technologies in future to
cope up with the upcoming future challenges still
awaiting.
Usage of Information Technology (IT)
Usage of Information Technology (IT) and integration
of technological research on manufacturing products
and processes is not a new phenomenon in the
automotive industry. However, what is new is the level
of sophistication and speed of application of new age
technologies such as IoT, AI, machine learning and
robotics as part of the Industry 4.0 evolution. The
speed of change is leading to a paradigm shift in the
way the manufacturing sector operates. In the area of
megatrends, disruptions and new ways of working are
expected to result in irreversible changes in the
automotive industry, which are likely to generate
significant opportunities in the sector.
As per the Automotive Mission Plan 2016-26 (AMP
2016-26), the Indian automotive industry is poised to
become one of the largest job-creating engines in the
country, with the creation of approximately 65 million
jobs in the next decade. This should contribute
significantly to the country’s growth, provided the
sector is able to address and resolve the twin
challenges of low employer attractiveness and the gap
in supply of a skilled workforce to meet the
requirements of future jobs. Moreover, what needs to
be borne in mind is that there are many changes
that are unforeseen and unknown today. Going forward,
automotive organizations will need to successfully
manage the following seven key shifts to thrive in the
new world order in the automotive industry.
AUTOMOBILE INDUSTRY
SWOT ANALYSIS
STRENGTH:
Automobile Industry has some solid strengths like:
-
Growing Industry: Automobiles have been
increasing the quality of life for the past century
by giving mobility, comfort, and safety. This
industry is also contributing to job creation and
skill development. It brings both direct and
indirect employment which directly connects with
economic development.
Innovation and advancement: RSD investment by
automakers is driven by consumer demands. It’s
increasing with the advancement of technology,
alternative fuels such as shell gas, CNG, etc.
Luxury commercial vehicles: As many Asian
countries’ economic conditions are being stable,
their lifestyle is also changing. Which is also
making new increasing demand for luxury public
transportation systems.
WEAKNESS:
Automobile Industries additionally have a few
shortcomings and imperfections, and they prevent the
company’s development to some extent.
Recalled cars: Because of many domestic reasons
such as technical dysfunctionality or non-
abidance to government- led rules many vehicles
are being recalled. This comes in between the
developing market.
Power of bargaining: With the increasing market,
competition between companies is increasing
rapidly. This is giving the consumers the
opportunity to bargain their way as the
companies have more stiff competitions to win
among themselves.
OPPORTUNITIES:
Automobile Industry swot analysis offers the brightest
part of the opportunities offered by the Automobile
Industry. Let’s look at them: -
Efficiency: with the development of technology
people are becoming more careful about efficiency
levels. That’s why vehicles with cost and fuel
efficiency facilities will be on rising for the next
decade. Using renewable sources could also bring
much more success to the market.
Alliances: With emerging competition among
companies this could bring out a better solution to
grow mutually. By combining different specialized
strategic capabilities companies could bring a
variety of offers to the consumer which could bring
good sales for partnering companies. This could
bring out benefits from the difficult competitive
market.
Changing lifestyle S customer groups: As the
whole world is going through huge economic
development, change in lifestyle is becoming more
prominent. For many reasons such as comfort and
safety and others, many developing families are
interested in private vehicles.
Expansion of market: Entering and expanding
Asian and BRIC countries will bring upward
demand in vehicles. And this expansion may
continue to other countries. As more countries are
open to the automobile industry the market will
keep on expanding and developing.
THREATS:
There are specific threats for Automobile Industries, but
proper planning can help them to survive through the
situation. Some of the threats are listed below:
Intense Competition in the market: The more
players resulting in more shares of the fortune the
market has to offer resulting in difficulties to get a
big scoop of fortune.
Volatility in the fuel Prices: Mainly for developing
countries where vehicles are mostly used for daily
transportation, it plays a big part in the market.
Also, different regulations of the government
regarding alternative fuels can also affect
inventories.
Slow Economy: Many economic situations such as
sudden unemployment, pandemic (recent covid-19
situation), etc. are some factors that can break
down the automobile industry.
The industry is already going through such
difficulties as covid-19 bringing vehicles to
minimize its mobility.
High fixed cost and investment in RSD: Because of
an overly competitive market, companies are
trying to invest more in R S D centers. ROI needs
to be capitalized. But with the uncertain world and
future, it can be thought of as a potential threat.
METHODOLOG
Y
Once the problem is identified, the next step is the
research design. Research design is the basic
framework of rest of the study. A research design
specifies the methods and procedures for conducting
particular study.
We adopted a secondary research. We started with
secondary research to predominantly shortlist the set
of technology/opportunities that the Indian auto
industry is confronting at present. This list was
prepared from news articles, company financial
statements and strategy plans etc.
CHAPTER-4
CONCLUSION
Today’s tough challenges in the automotive industry
require to find new ways to create value if they are to
prosper. To successfully adapt these levers companies
will be able to respond to changes with focus,
responsiveness, variability and resilience.
The automotive sector is moving towards the surge in
the demand for newer technologies every year. To
meet those demands, industrialists and researchers
are coming up with latest manufacturing technologies.
To cater the end users with the best and most
innovative technology, car makers across the world are
implementing various techniques. Coming years are
welcoming the auto sector with various upcoming
innovations in the technology, which will reshape the
landscape of the automotive sector across the globe.
BIBLIOGRAPH
Y
The content for this project report has been taken from
the following sources: -
www.google.com
Name of book –Marketing Management of MBA
Name of book- Management concept of MBA
Name of book – Information technology
ANNEXURE
Electric Vehicles (EVs) and Battery Technology:
Dominant Trend: EVs are poised to become the dominant
automotive segment, driven by environmental concerns,
government regulations, and falling battery costs.
Battery Breakthroughs: Advancements in battery
technology are crucial for wider EV adoption.
Research focuses on increasing range, reducing
charging times, and improving battery life cycles.
Solid-State Batteries: Solid-state batteries hold immense
promise for EVs, offering potentially faster charging
times, higher energy density, and improved safety
compared to traditional lithium-ion batteries.
Autonomous Driving (AD):
Revolutionizing Mobility: AD technology has the potential
to revolutionize transportation, offering increased safety,
reduced traffic congestion, and improved accessibility.
Levels of Automation: AD systems are classified into
various levels, ranging from Level 2 (partial automation)
to Level 5 (full autonomy).
Sensor Fusion: LiDAR, radar, cameras, and ultrasonic
sensors work together to create a 360-degree
perception of the environment for autonomous
vehicles.
Connected Cars and Vehicle-to-Everything (V2X):
Seamless Connectivity: Connected cars integrate
seamlessly with the internet, allowing for real-time
traffic updates, remote diagnostics, and in-vehicle
entertainment options.
V2X Communication: V2X technology enables vehicles to
communicate with each other and with roadside
infrastructure, enhancing safety and improving traffic
flow.
Data Security: Robust data security protocols are
essential to protect connected cars from
cyberattacks.
THANK
YOU