Today’s economies are dramatically changing, triggered by development in emerging markets, the accelerated rise of new technologies, sustainability policies, and changing consumer preferences around ownership
1.Enhancing Security in Connected Cars and Autonomous Vehicles
Connected cars and autonomous vehicles are the future of the transportation industry. However, it will be a long time until the general public wholly accepts them. The wariness toward self-driving cars is not without good reason. One of the main hurdles in the worldwide implementation of connected cars and autonomous vehicles is security.
The recent survey by the American Automobile Association (AAA) showed that 3 in 4 people are wary of using self-driving vehicles. In this regard, efforts are being made to lift the distrust by enhancing the security in connected cars. The Canadian government recently invested $40m in Blackberry to enhance its QNX platform, a real-time operating system for embedded systems.
The concept of driverless vehicles has drawn much attention in the automobile market. The autonomous vehicle technology carries the vast potential for the environment and economy. However, there is a lot of work to be done in making the technology safe, secure, and reliable before the self-driving vehicles make it to the roads.
As organizations strive to keep pace with the evolving technology and regulations, they also need to build trust among consumers. The general public has to trust the technology, the benefits, and the manufacturing companies. Hence, it is imperative for them to incorporate both safety and security into their products.
Also, there needs to be a combined effort on the part of private and public sectors in forming well-defined regulations and policies. The governments need to collaborate with manufacturing organizations to enable secure adoption of autonomous vehicle technology, while also encouraging investment and innovation. Security in Connected Cars…
2.The Key Factors Influencing Electric Cars
With an increasing number of people and goods moving around the planet are having a growing impact on the climate. Only Transportation systems generate almost a quarter of the world’s greenhouse gas emissions. Shifting from vehicles that burn fossil fuels to those that run on electricity will play a key role in curbing climate change.
Electric car sales have risen dramatically over the last half decade and the trend doesn’t seem to stop, potentially reaching a point where electric vehicles become the predominant mode of transport around the world. Many significant changes were made to electric cars that caused the surge of people to switch from gas-powered vehicles to electric cars.
Future of Electric cars
With prices of fossil fuels going up, electric cars are beginning to be looked at as a cheaper alternative. The purchase price of an electric car can be a little higher than a gas-powered car, but that gap has narrowed significantly over the last several years. The price of electric cars has steadily gone down because of innovative technology that has allowed manufacturing the cars easier and more economical to produce, faster to build.
The cost of batteries has fallen to more affordable levels. Electric car battery prices have dropped by thirty to fifty percent over the last four years and that trend looks to be continuing into the near future. With more technological breakthroughs, other components of electric cars have fallen in price as well.
Why electric cars?
Electric cars are better for the environment and leave a smaller carbon footprint when compared to gas vehicles. With the concerns of Pollution and climate change becoming more apparent, consumers want to live their lives as environmentally friendly as possible. Consumers can better budget on how much their transportation will cost as electricity cost is more stable than gas prices.
Maintenance costs are projected to become significantly lower than on a gas-fueled car as in electric cars, oil changes, exhaust issues, and spark plug changes are a thing of the past. Key Factors in Electric Cars…