COMPUTER ON WHEELS
Business Today|May 01, 2022
THE AUTOMOTIVE INDUSTRY IS IN THE MIDST OF A FUNDAMENTAL TECH-LED TRANSFORMATION WAVE
PRERNA LIDHOO AND NIDHI SINGAL
COMPUTER ON WHEELS

THERE'S A TASK: Go to LinkedIn and type 'autonomous and electric vehicles in the jobs section. Among the top results, you'll find a mix of a auto and tech companies such as NVIDIA, Volvo, Qualcomm, Siemens, Audi, Bosch, etc. In a few years from now, it'll be even more difficult to tell them apart. Even as technology transforms practically every aspect of our lives from payments to entertainment, experts believe that the next decade represents one of the biggest tech disruptions in the automotive industry A.K.A. CASE (connected, autonomous, shared and electric). “CASE is very real and evolving at a much faster pace than anyone would have imagined, especially in India. Globally, the trend was already there. It started with Tesla on the EV side, and connected car technology came from General Motors (GM) globally, but India was lagging behind,” says Rajeev Chaba, President and Managing Director of MG Motor India.

The tango between tech and auto companies is picking up pace. Globally, for example, GM acquired Cruise Automation, a self-driving technology start-up, in 2016, for $1 billion and announced it will be partnering with Lyft to test self-driving taxis. In March 2022, Sony announced a strategic alliance with Honda Motors for the development of high-value battery-electric vehicles that are likely to hit the roads by 2025. And smartphone maker Xiaomi announced its entry into the smart EV business in March 2021.

In India, when MG's Hectorits first car in the country was launched in April 2019, Chaba made it a point to mention that the “internet car" was a result of tech collaborations with Microsoft, Adobe, Unlimit, SAP, Cisco, Gaana, TomTom, Nuance, and others. Tata Motors, the market leader in India for electric vehicles (EVs), uses Microsoft Azure Intelligent Cloud for advanced navigation, predictive maintenance, remote monitoring features, and AI innovation for its connected cars.

Diese Geschichte stammt aus der May 01, 2022-Ausgabe von Business Today.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der May 01, 2022-Ausgabe von Business Today.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS BUSINESS TODAYAlle anzeigen
"Inaction is worse than mistakes"
Business Today India

"Inaction is worse than mistakes"

What was the problem you were grappling with?

time-read
1 min  |
January 05, 2025
TEEING OFF WITH TITANS
Business Today India

TEEING OFF WITH TITANS

BUSINESS TODAY GOLF RESUMES ITS STORIED JOURNEY WITH THE 2024-25 SEASON OPENER IN DELHI-NCR. THERE ARE SIX MORE CITIES TO COME

time-read
2 Minuten  |
January 05, 2025
AI FOOT FORWARD
Business Today India

AI FOOT FORWARD

THE WHO'S WHO OF THE AI WORLD GATHERED AT THE TAJ MAHAL PALACE IN MUMBAI TO DELIBERATE THE TRANSFORMATIVE IMPACT OF AI ON INNOVATION, INDUSTRIES, AND EVERYDAY LIFE.

time-read
1 min  |
January 05, 2025
Decolonising the Walls
Business Today India

Decolonising the Walls

ART START-UP MAAZI MERCHANT IS ON A MISSION TO BRING INDIA'S FORGOTTEN ART BACK HOME

time-read
6 Minuten  |
January 05, 2025
"I'm bringing Kotak under one narrative, one strategy, one umbrella”
Business Today India

"I'm bringing Kotak under one narrative, one strategy, one umbrella”

Ashok Vaswani is a global banker who spent most of his career overseas at institutions like Citi Group and Barclays, among others.

time-read
9 Minuten  |
January 05, 2025
CHOOSING THE CHAMPIONS
Business Today India

CHOOSING THE CHAMPIONS

The insights and methodology behind the BT-KPMG India's Best Banks and NBFCs Survey 2023-24.

time-read
8 Minuten  |
January 05, 2025
'INDIA IS AT AN EXTREMELY SWEET SPOT'
Business Today India

'INDIA IS AT AN EXTREMELY SWEET SPOT'

The jury members of the BT-KPMG Survey of India's Best Banks and NBFCs discuss developments in the banking sector and more

time-read
6 Minuten  |
January 05, 2025
FROM CRISIS TO TRIUMPH
Business Today India

FROM CRISIS TO TRIUMPH

Dinesh Kumar Khara stewarded SBI through multiple challenges during his tenure, while ensuring that profits tripled, productivity soared, and the bank consolidated its global standing

time-read
3 Minuten  |
January 05, 2025
AT A CROSSROADS
Business Today India

AT A CROSSROADS

BANKS ARE FACING CHALLENGES ON BOTH SIDES OF THE BALANCE SHEET-ASSETS AS WELL AS LIABILITIES-WHICH ARE PUTTING PRESSURE ON MARGINS.

time-read
5 Minuten  |
January 05, 2025
EXPANSIVE VISION
Business Today India

EXPANSIVE VISION

Bajaj Finance, an outlier in terms of digitisation, faces stiff competition. But it continues to expand its reach

time-read
4 Minuten  |
January 05, 2025