What’s ahead for the automotive sector?
Plenty of exciting times as OEMs put a firm foot on the transformation accelerator. Greater connectivity is reinventing customers’ interactions with vehicles and presenting OEMs with an opportunity to move into the profitable (and adjacent) transportation and mobility markets.
Consumers in mature markets are starting to view vehicle ownership as a costly nuisance rather than a personal convenience. With an array of public transportation options plus e-hailing and carsharing services, even the most avid drivers are abandoning their wheels in favor of multi-modal journeys. To stay profitable, OEMs will need to step away from product sales and start providing services.
The good news is that OEMs already have the prerequisites to triumph in the MaaS sector: embedded connectivity, decreasing costs of electrified vehicles, and major breakthroughs in autonomous driving.
This whitepaper by Intellias shares how an interplay of these trends is shaping the shared mobility market and laying the foundations for the MaaS platforms of the future — platforms that will drive additional profit for OEMs.
Key topics in this paper:
Since 2002, Intellias has used its experience in big data technologies, secure cloud infrastructure, and complex ML and AI algorithms to help OEMs and Tier 1 vendors from Germany, the UK, Japan, and South Korea build highly automated driving systems. Intellias has become a trusted technology partner in building safe, adaptive and AI-based software solutions for connected and autonomous driving.