Smart Drive
Business Today India|September 15, 2024
The automobile industry is seeing a shift towards connected cars. This could shape the domestic market as carmakers increase the share of EVs
ASTHA ORIEL AND ARNAB DUTTA
Smart Drive

TECHNOLOGY HAS taken over the automobile industry. As cars shift from sedans to SUVs and from traditional engines to electric and hybrid options, cuttingedge tech is driving this change. It is no wonder, therefore, that the notion of connected cars has now become a hot topic, leading the way in this new era of smart driving. But what is a connected car? To begin with, connected cars are vehicles that come equipped with internet connectivity and various digital technologies that enable communication between the car, its internal systems, external devices, and cloud services. These vehicles can send and receive data, offering a wide range of features aimed at enhancing safety, convenience, efficiency, and entertainment for drivers and passengers.

So prevalent has this become now that according to a report by consulting firm McKinsey, by 2030, 95% of new vehicles sold globally will be connected. This is especially significant for domestic automobile manufacturers as they race to cater to consumer demand.

OVER THE YEARS

In 1996, General Motors’ launch of the GM OnStar in Cadillac marked the automotive industry’s first big step toward connected cars, blending cutting-edge tech with vehicles. Luxury brands like BMW, Mercedes, and Audi quickly followed, and by the late 2010s, smartphones and mobile internet brought even more advanced connected car systems into play.

Today, software-as-a-service (SaaS) has come a long way. With Generative Artificial Intelligence (Gen AI) and the Internet of Things (IoT), connected cars now offer more than just real-time navigation and infotainment. They include vehicle-to-everything (V2X) communication and advanced driver-assistance systems (ADAS), like adaptive cruise control, lane-keeping assist, and automatic emergency braking. These features use sensors and cameras to boost safety and prevent accidents.

Esta historia es de la edición September 15, 2024 de Business Today India.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición September 15, 2024 de Business Today India.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE BUSINESS TODAY INDIAVer todo
"Moving to cloud helped us grow❞
Business Today India

"Moving to cloud helped us grow❞

What was the problem you were grappling with?

time-read
1 min  |
November 24, 2024
She's Got Time
Business Today India

She's Got Time

MORE WOMEN ARE BECOMING WATCH CONNOISSEURS, SEEKING OUT BOTH JEWELLED AND TECHNICAL WATCHES FOR THEIR STYLE AND CRAFTSMANSHIP

time-read
3 minutos  |
November 24, 2024
RISING STAR
Business Today India

RISING STAR

PARUL GULATI IS a name that's been steadily gaining prominence in the Indian entertainment industry after she appeared on season 2 of Shark Tank in 2023. She has become a multifaceted personality who effortlessly transitions between acting and entrepreneurship.

time-read
1 min  |
November 24, 2024
Building on a Legacy
Business Today India

Building on a Legacy

WHEN ZAHABIYA KHORAKIWALA stepped into her role as Managing Director of Wockhardt Hospitals over a decade ago, she confronted formidable challenges that have since turned into achievements.

time-read
1 min  |
November 24, 2024
LEADER IN INNOVATION
Business Today India

LEADER IN INNOVATION

AS FEDEX'S PRESIDENT (Middle East, Indian subcontinent and Africa), Kami Viswanathan has a lot on her plate.

time-read
1 min  |
November 24, 2024
WAITING IN THE WINGS
Business Today India

WAITING IN THE WINGS

Here are those who missed out as they have not yet completed a year in office; they'll be strong contenders in 2025

time-read
1 min  |
November 24, 2024
A DECENT PROPOSAL
Business Today India

A DECENT PROPOSAL

IN TODAY'S WORLD OF TRYING TO CREATE AN EQUITABLE SPACE, BOTH MEN AND WOMEN CONTRIBUTE TO THEIR HOUSEHOLDS. WOMEN ARE ENCOURAGED TO HAVE THEIR OWN SAVINGS POOL AND INVESTMENT ROUTINE. GIVEN THIS, HOW SHOULD FUTURE BRIDES APPROACH FINANCIAL PLANNING?

time-read
5 minutos  |
November 24, 2024
Women and the STEM Bias
Business Today India

Women and the STEM Bias

EMPOWERING WOMEN IN STEM WILL NOT ONLY BENEFIT INDIVIDUALS, BUT ALSO STRENGTHEN THE ENTIRE INDUSTRY, DRIVING INNOVATION AND PROGRESS.

time-read
3 minutos  |
November 24, 2024
ROCKET WOMEN
Business Today India

ROCKET WOMEN

WOMEN IN INDIA ARE NOT ONLY VENTURING INTO SPACE BUT ARE ALSO STARTING TO SPEARHEAD THE COUNTRY'S EFFORTS IN THE GLOBAL SPACE RACE.

time-read
6 minutos  |
November 24, 2024
ONE STEP FORWARD
Business Today India

ONE STEP FORWARD

THE NUMBER OF WOMEN INDEPENDENT DIRECTORS IS GROWING STEADILY, BUT IT'S A LONG WAY FROM GENDER PARITY. MUCH MORE NEEDS TO BE DONE TO BREAK THE GLASS CEILING IN BOARDROOMS.

time-read
6 minutos  |
November 24, 2024