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Evolution of the Automotive Industry and Electrification Beyond Cars

2023 has proven another momentous year for the electric vehicle (EV) market. 2022 saw electric car sales rise by 62% compared with 2021, and IDTechEx estimates that 2023 will see global sales rise by another 16%. But what can we expect for the future of EVs? In this article, Dr James Edmondson and Shazan Siddiqi from IDTechEx discuss what can be learned about the future of electrification, not only for vehicles on land, but also for marine sectors and aerial vehicles.

Autonomous Vehicles Will Drive Automotive Sensor Market Growth

IDTechEx's new report "Autonomous Cars, Robotaxis and Sensors 2024-2044" shows that autonomous cars are slowly, but very surely, becoming a part of everyday life. Although they have been hyped and overpromised for a long time, in the last couple of years, the industry has accomplished some significant milestones. The US and China both now have a handful of cities allowing commercial robotaxi services from industry leaders such as Cruise, Waymo, Baidu, AutoX, and more.

Autonomous Vehicle Trends & Milestones in 2022 & Expectations for 2023

They may not be ubiquitous yet, and the day-to-day advantages that they will start to provide may not be noticeable, but automated technologies across the automotive industry are starting to come of age. The 'robotaxi' industry is beginning to see more small commercial deployments. Autonomous trucks are on the cusp of real-world use, and next-generation sensor technologies are being deployed on vehicles that are for sale. This article covers some of the most exciting developments and milestones over the last year and makes predictions about what might come next year.

Autonomous Vehicle Trends & Milestones In 2022 & Expectations for 2023

They may not be ubiquitous yet, and the day-to-day advantages that they will start to provide may not be noticeable, but automated technologies across the automotive industry are starting to come of age.

Five Key Technology Trends for Tomorrow's Electric Car

In 20 years, IDTechEx predicts electric cars will generate 76% of all e-transport revenues. Due to their scale, car markets create the largest opportunities for players in the electric vehicle supply chain, from advanced materials through to battery packs, power electronics, and electric motors.