As the aftereffects of the COVID-19 pandemic slowly wear down, auto tech companies and manufacturers are keen on identifying which automotive technologies are likely to thrive after the pandemic. The automotive industry has consistently been recognized as an early innovator and continues to be driven by the latest developments in the industry. Over the last decade, concepts like autonomous cars, connected vehicles, shared vehicles, and electric vehicles have become a reality. The rapid progression of Electric Vehicles (EV) can be witnessed across the U.S., Europe, and China, with many other countries joining the bandwagon.
While connectivity has always been touted as a potential area of exploration for car manufacturers, there has been limited success beyond connected navigation and entertainment. Car manufacturers are now closely working with software developers and technology companies to create a more personalized and fully integrated connected vehicle experience. With entertainment as the prime focus, automakers look to incorporate more sophisticated audio and video options into cars. Consumers can stay connected to family and friends while their vehicles share driving and diagnostic data with the cloud.
The disruption caused by the pandemic has made consumers increasingly reliant on digital channels to research automotive options and make their final purchases. Online platforms allow customers to evaluate different models, visualize custom options, make purchase decisions and even negotiate pricing. Leading autonomous car manufacturer Tesla, which already used online sales channels, has become a trendsetter in the industry, with carmakers like Volvo and Daimler following in its footsteps.
In order to help CIOs steer through the ever-evolving auto-tech space and find the solution that best suits their needs, Auto Tech Outlook has examined and selected the leading-edge Auto Tech startups and shortlisted the organizations that are leading the charge in resolving the prime challenges in the auto tech arena.
We present to you Auto Tech Outlook’s “Top 10 Auto Tech Startups - 2021.”