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Trends Shaping the Automotive Industry in 2022

Epicflow

This year, the automotive industry is expected to continue its recovery following the headwinds of tough 2020. C-V2X technologies are gaining momentum among automotive original equipment manufacturers, city infrastructure manufacturers, and electronic module suppliers. Automotive Business Trends. Conclusion. References .

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Technology Is Changing What a Premium Automotive Brand Looks Like

Harvard Business

The automotive industry is being disrupted by electric vehicles and self-driving cars, just as home appliances is being disrupted by the Internet of Things and smart appliances, home entertainment by on-demand content providers, and apparel by online personal stylists such as Stitch Fix and Trunk Club. JEWEL SAMAD/Staff/Getty Images.

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Customer intent is a treasure trove of actionable data hiding in plain sight

1 to 1

By 2025, smart workflows and seamless interactions among humans and machines will be as standard as the corporate balance sheet, and most employees will use data to optimize nearly every aspect of their work, predicts McKinsey & Company. Businesses are eager to unlock insights that can help them adapt to change and reengage customers.

Data 29
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18 of the Top 20 Tech Companies Are in the Western U.S. and Eastern China. Can Anywhere Else Catch Up?

Harvard Business

But as the digital revolution continues to spark widespread disruption in other industries — automotive, financial services, health care, and retail — who will win? The company, however, is aiming to achieve half of its gross merchandise value from overseas sales by 2025. Now, the U.S.

Company 28
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Automation Makes Things Cheaper, So Why Doesn’t It Feel That Way?

Harvard Business

Brian Arthur, in his article on the Second Economy , or what he now calls the autonomous economy, estimated that, by 2025, autonomous production would produce goods and services equal to the country’s GNP in 1995, about $7.5 The shift to the autonomous economy and the pressure it places on workers are likely to only get worse.

Retail 31
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Rolling Back Fuel Efficiency Is a Bad Deal for Everyone — Including U.S. Carmakers

Harvard Business

miles per gallon by 2025. Department of Transportation review the previously agreed-to fuel efficiency marks. The process will take some time, but it’s clear that they will weaken the rule that automakers’ fleets hit a target of 54.5 As Trump put it, “the assault on the American auto industry is over.”