An Automotive Minute – Tech Giants and the Auto Industry

The power of digital ecosystems are present in automotive today,
largely through the connected lifestyle we enjoy outside the car.
Today, Tech Giants like Apple, Amazon, Baidu, DiDi, Google,
Tencent, and others provide a pass-through for accessing the
messaging, media, and mapping content that each provide.

However, this is not the end for the Tech Giants.

These players are quickly investing to capture more of the
mobility market by either becoming a vehicle manufacturer or by
partnering with one for custom-built vehicles. These new vehicles
will be electric, fully-connected 24-7, and have updatable
autonomous driving solutions. IHS Markit forecasts a half a million
of these pod-cars will be built in China alone by 2031.

But don’t expect to be able to buy one of these pod-cars… they
will almost certainly be reserved for ride-sharing, car-sharing, or
logistics and fleet applications only.

Book time with or ask Mark a
question

Posted 07 April 2021 by Mark Boyadjis, Global Technology Lead, Automotive Advisory Team

Source: http://ihsmarkit.com/research-analysis/an-automotive-minute–tech-giants-and-the-auto-industry.html