A comprehensive survey of automotive industry trends to look forward to in 2021 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 & analytics that have been around for while, newer technologies such as the internet of things (IoT) and blockchain also find numerous applications in automotive.
Top Automotive Industry Trends in 2021.
- Autonomous Vehicles (AV)
Autonomous vehicles or self-driving vehicles aim to minimize the need for human drivers and look poised to transform everyday transportation. Fleets of AVs expand the scope of last-mile deliveries, reduce downtime, and aim to make public transportation relatively safer. For example, reducing accidents caused due to driver fatigue or negligence. AVs are equipped with advanced recognition technologies, such as AI-enhanced computer vision to identify obstacles along the route.
Intvo
The US-based startup Intvo develops a pedestrian behavior prediction technology. Unlike two-dimensional (2D) and three-dimensional (3D) object detection technologies that consider limited parameters, their solution checks for head position, eye contact, and leg movements of the pedestrians, weather conditions, and assigns a risk level. This reduces false positives in pedestrian detection and enhances the safety of autonomous vehicles.
Udelv
The US-based startup Udelv provides autonomous vehicles for last-mile deliveries. It combines advanced AI algorithms and hyper-speed teleoperations for human-assisted guidance in unique situations. The startup’s vans have a payload capacity of approx. 360 kg (800+ lbs) and reach speeds up to approx 100 km/h (60 mi/h). The vans deliver groceries from nearby stores and send out a push notification when the order arrives.
2. Connectivity
Nowadays, vehicles come with a tamper-proof digital identity that differentiates them from other vehicles in the network. This enables easy tracking of vehicular data for various use cases such as insurance, driver safety, predictive maintenance, and fleet management. Sharing vehicular data helps not just the individual customer, but overhauls the entire mobility ecosystem.
Automotive Connectivity
V2X Network
British startup V2X Network offers a vehicle-to-everything (V2X) platform for autonomous transactions that combines geo-networking and caching to enable low latency real-time communication. The platform runs on distributed ledger technologies (DLTs) and allows for a high degree of scalability. The startup uses enterprise-grade encryption in order to provide users control over their data to enhance security and privacy measures.
No Traffic
Israeli startup NoTraffic develops an AI-powered traffic signal platform that digitizes road infrastructure management and connects drivers to the city roadways to manage various traffic-related challenges. The data of all road users is streamed and processed in real-time to empower smart mobility. The solution also serves as the base for additional services such as micropayments and micro-mobility.
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