On World Auto Day 2022, we take a look at the next big auto trends you need to watch out for that will be part of a revolution in the auto industry.

The auto industry is on the cusp of a transformation, and here's what's set to become popular in the coming years

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The auto industry is on the cusp of a transformation, and here’s what’s set to become popular in the coming years

Technology News

On January 29, 1886, Karl Benz filed a patent for a gasoline engine powered automobile, essentially bringing the automobile to the world. The origins of the auto industry can be traced back to today, which is why we call it World Auto Day. Over the past century, automobiles have revolutionized transportation, transforming global trade and the transportation industry. Today, the automotive industry is once again on the cusp of a revolution. This time around, cars are all set to take the next step from fossil fuels to new energy sources, while becoming smarter and “hands-free” in the process. On World Auto Day 2022, we take a look at the next big auto trends you need to watch out for that will be part of a revolution in the auto industry.

Also read: World Car Day 2021: How it all started

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The electric vehicle revolution here promises a more sustainable and emission-free mobility experience

1. The Electric Vehicle Revolution

We are already in the middle of the transition from fossil fuels to new energy sources. From plug-in hybrids to battery electric vehicles, customers can now make realistic choices in various market segments, and the time to switch to electric vehicles couldn’t be better. Starting with the promise of an emissions-free future, electric vehicles have become an integral part of our present and will revolutionize everything from personal passenger vehicles to last-mile connections. With the rapid development of charging infrastructure, long-distance travel by electric vehicles will be easier than ever.

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ADAS will be more common in mass-market cars of the future

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2. Autonomous Driving Capability (ADAS)

Advanced driver assistance systems (ADAS) dominate the mass market segment in 2021, with cars like the Mahindra XUV700 and MG Astor offering the technology at more affordable prices. Let us tell you, this is just the beginning of autonomous driving or driver assistance systems becoming a common phenomenon in Indian cars. While developed markets have long seen these features as standard in cars to meet strict safety norms, India is also slowly but surely catching up with homegrown players adopting these technologies. ADAS and other passive assist features will only make driving safer than before, and you can expect it to be more common in car launches and refreshed models over the next decade.

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Ventilated seats have made their way into cars under Rs 1.5 lakh, while connected tech is now more common in entry-level products

3. Luxury features in mass-market cars

Like ADAS, which broke new ground in the mass-market segment, automakers have also sought to make luxury features more accessible to a wide range of buyers. Imagine how out of reach a touchscreen infotainment system or even seat ventilation would have been about a decade ago. Even the smallest cars have them as standard technology, which has gotten better. Newer cars also include more connected features, and it won’t be long before you see the Internet of Things (IoT) take over your driving experience. Not only that, but even data analytics and telemetry will be more commonplace in affordable cars, which will revolutionize the auto insurance industry in the coming years.

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In the wake of the lockdown, automakers have sped up their online sales platforms to stay in business.This together has propelled the industry forward for several years

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4. Online sales

The pandemic has accelerated the process of buying a car online. After several lockdowns, brick-and-mortar dealerships closed and customers flocked to the manufacturer’s website, before some placed orders for their cars. From booking a vehicle to closing a transaction, almost every aspect of buying a vehicle can now be done online. Ola Electric is following a fully digitized e-scooter retail process, while Mercedes-Benz India has become the first automaker to launch a ‘Future of Retail’ initiative that also makes the process from searching for a car to buying it more transparent. Seal the deal.

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Car subscriptions, leasing and leasing will become the new norm in ownership and promise an easier experience while reducing upfront acquisition costs

5. Mobile Solutions

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Finally, the idea of ​​owning a car is changing, and today’s customers want a more peaceful ownership process rather than a carefree life. Also, with shorter ownership periods, customers want the best and latest, and this is where the car becomes a mobility solution rather than a prized possession. That’s why you now have more and more users exploring subscription-based rental programs to own vehicles. These options essentially remove the hassle of ownership and allow for flexible cost structures to use the vehicle. Not only does this make the vehicle easier to use, but it also allows customers to switch to a new car faster and easier. Over time, more of these mobility solutions will emerge and continue to make cars more accessible to customers.

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