Five Critical Challenges Facing the Automotive Industrycompeting in China, is not competing in China. Over the last 15 years China has been a one-way winning bet for the automotive
The automotive industry is facing a predicament, navigating rapid technological changes, stricter regulations, and shifting market needs. Addressing these concerns will require smart strategies, sustainable practices, and skilled workforces. But there are ample opportunities for those ready to innovate. For...
Microsoft will exhibit as a platinum sponsor for theAutomotive News World Congressevent, taking place in Detroit, Michigan, on 12 September 2023. Microsoft will present a selection of solutions to meet the larger challenges that the automotive industry is facing, including adhering to regulations to...
Topping the list of challenges facing the automotive industry are the shift from predominantly mechanical to software-driven vehicles, the quickening pace of product development, and the increasingly prominent role of tier one suppliers in innovation and technological development. Automakers that meet these...
"The German automotive industry is determined to contribute to achieving the goals of the Paris Climate Agreement," Mattes said. The auto sector worldwide has been facing considerable challenges this year, with some major industry players reporting declines in sales. Trade disputes as well as Brexi...
Last but not least, enterprises can afford to invest in different types of market research and analysis before moving into a new market or making changes to a product. SMBs usually don’t have the resources to conduct predictive market analysis, and often end up in situations where they can...
The company has put science and technology innovation in a more important strategic position and strived to transform into a technology-based enterprise. Fu Bingfeng, CAAM executive vice-president, said the auto industry is still facing unprecedented pressure, and the industry should continue to take...
BYD’s new actions received extensive attention from the automotive industry. On July 21, after entering traditional car countries such as the United States and the United Kingdom, BYD officially announced its entry into the Japanese passenger car market with the first batch of models of Yuan ...
BYD’s new actions received extensive attention from the automotive industry. On July 21, after entering traditional car countries such as the United States and the United Kingdom, BYD officially announced its entry into the Japanese passenger car market with the first batch of models of Yuan PLU...
The adoption of AI in the automotive industry is facing several challenges that need to be addressed. These challenges include the obscurity of machine learning algorithms, difficulty in pinpointing errors, inability to apply Agile methodologies, testing and validation of unproven technology, i...