Future business models must be based on individuality, as vehicles become the new living space, argues Frost & Sullivan’s mobility team
Improvements in advanced driver assistance system sensors are driving automation features in original equipment manufacturer vehicles, according to a new report by Frost & Sullivan.
By collaborating with leading technology providers in the autonomous driving space, OEMs have an opportunity to transform into mobility service providers and introduce levels 4 and 5 autonomous cars earlier than expected, says the business consultancy.
With several suppliers already at work on over-the-air upgrades, the adoption of this feature is expected before 2025, even for conventional cars. [Read more…] about Collaborations with technology providers offer European automakers new growth opportunities