Undeniably, the 2020s is turning out to be the decade of change in the automotive business.
However, with such a progressive path of technological development, significant changes are observed in the expectations of consumers regarding vehicles.
Manufacturers and technology providers are striving to take a position in electric drive trains, driverless systems and electronics, connectivity, interface and convenience, and environmental responsibility.
The cars we drive today will not only be different in the way they are designed and built by the year 2024 compared to the beginning of this decade.
Here we explore 5 mega-trends that are set to disrupt the car marketplace over the next few years:
Electric vehicles become the masters of the roads
Slightly Closer to Autonomous Vehicles Becoming the New Normal
Connected Cars become mobile phones.
This futuristic oriented concept car features slick designs as the main style of the exterior and interior.
Eco Friendly Materials and Manufacturing Processes Come into Focus
1. Electric Vehicles is an insightful report that gives an overview of how electric vehicles are becoming more popular on the roads.
The shift to electric vehicles, often referred to as EVs, is already in progress. According to the experts in the automobile industry, the number of EVs sold around the globe will surpass 60% of newly registered cars by 2040.
Most countries and states have already indicated that they are moving away from cars that use gasoline in the next 10-15 years.
Therefore, as battery costs come down further and charging becomes more accessible, the economics of an EV purchase will make even more sense to most people.
Furthermore, innovations in battery chemistry will enhance the driving range and the charging time to help eliminate the range issue.
Big names like Volkswagen, General Motors, Renault-Nissan and upstarts like Rivian are pledging billions to electrify everything from small cars to pick-up trucks.
From elegant sedans to practical and sturdy SUVs, there will be an EV for everyone.
2. The Use of Self-Driving Cars Becomes Little More Closer to Reality
There is massive progress in the development of AVs to achieve the autonomy of self-driving vehicles. Alphabet’s Waymo has already started with the commercial use of driverless cars in Phoenix in the form of taxis.
And Tesla still improves its high-end self-driving system known as Autopilot.
Further, by 2024, Level 4 autonomy will be available in the market, where the car will be able to drive on its own.
This means true hands-free driving on roads including highways and predictable suburban roads or any other type of road. However, there will always be an option for a human driver to take control and handle complicated scenarios.
This is seen as the technology advances and 5G allows the vehicles to communicate with the infrastructure and fully self-driving cars will be prevalent from the mid of the decade.
The future of automobiles and transport and mobility will be dominated by these robotic vehicles.
3. This development means that cars become connected devices similar to a mobile phone.
The modern car is more integrated with the internet through the built-in SIM cards and other devices. In the next two years, the use of 5G connectivity will become widespread making high-speed data exchange from cars instantaneous.
Intelligent dashboard systems and haptic touch screens are already here and cars will function as our handheld devices on wheels.
Anticipate your car to receive software updates that introduce new features with the capabilities of reinventing your car overnight.
Through voice assistants, you will have a comfortable and entertaining travel experience tailored to your needs. Remote diagnostics for predictive maintenance will also gain popularity to reduce the time a car is off the road.
In conclusion, vehicles will be true mobile devices with wheels adding connectivity to a new dimension.
4. Futuristic Styling with Slick Designs
And we are starting to see concept cars with very futuristic looks, smooth flowing lines and very slim profiles. This styling trend will become mainstream by the year 2024.
Electric platforms allow radical creativity which is not manageable with conventional combustion powertrains. Car manufacturers are also using neon lighting accents and smart LED strips to create a look of high technology during automobiles on the roads.
However, rounded edges and softer surfaces will complement the futurism to make these vehicles sleek and friendly to the eye. Interiors will have entertainment panels, even bigger, exotic materials such as graphene, and eco-responsible textiles.
5. The use of sustainable materials and production methods rises to prominence
Another crucial concern in the context of climate change is the concept of environmental accountability amongst automakers.
Some firms such as Volvo have long-term goals of achieving zero carbon emissions by the year 2040. Companies in the industry are also incorporating green production processes and factory power such as wind/solar energy.
At the same time, interiors are replacing leather with recycled plastic and plant-based materials. By incorporating sustainable fabrics such as corn, soy and coconut by-products, carmakers can also shave off some weight.
We can also anticipate more companies choosing carbon-neutral manufacturing as the decade unfolds.
Conclusion
The years of 2020s are expected to be one of the most interesting periods for the car industry that people have witnessed for some time.
Clean electric technology to intelligent power trains to self-driving cars, vehicles are evolving to be much smarter, cleaner and technologically advanced vehicles.
Since these mega-trends affect all segments, cars by 2024 will feel and look vastly different compared to the cars of early 2020.
Fasten your seat belts!It is expected that the main trends in car production in 2024 will be electric cars, autopilot, connection, a slimmer form and the use of environmentally friendly materials.
Thus, the automotive industry is a rapidly progressing branch, and it is possible to expect interesting changes in all types of vehicles – starting from a passenger car and ending with a commercial truck.
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