22.06.2018 Views

4 Trends that will Change the Game in Automotive Industry in 2018

Already car sharing has been established as a big trend in the automotive industry. With the increasing public consciousness about energy saving, this will continue to remain as a factor to pull down new car sales in many markets. According to many experts, by 2020 we can expect one among every 10 cars to be sold as a shared vehicle.

Already car sharing has been established as a big trend in the automotive industry. With the increasing public consciousness about energy saving, this will continue to remain as a factor to pull down new car sales in many markets. According to many experts, by 2020 we can expect one among every 10 cars to be sold as a shared vehicle.

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2. CFRP, <strong>the</strong> strongest car material <strong>will</strong> play a decisive role<br />

For <strong>the</strong> whole automotive sector, <strong>the</strong> question <strong>that</strong> always made op<strong>in</strong>ions divided is about <strong>the</strong><br />

priority of safety or lightness. As of now, we mostly need to give priority to ei<strong>the</strong>r safety or<br />

lightness of <strong>the</strong> body. What happens, if a car is built with a material which stands strongest while<br />

rema<strong>in</strong><strong>in</strong>g just lightweight? Well, <strong>that</strong> is <strong>the</strong> promise of CFRP or carbon fibre re<strong>in</strong>forced plastic, a<br />

breakthrough material developed for <strong>the</strong> cars of <strong>the</strong> future. Though it is expensive as a material,<br />

over time its cost <strong>will</strong> come down and become choice material for affordable vehicles as well.<br />

3. Electric vehicles <strong>will</strong> experience <strong>the</strong> boom<br />

The growth of electric cars has been phenomenal <strong>in</strong> <strong>the</strong> past few years and <strong>that</strong> is not go<strong>in</strong>g to be<br />

different <strong>in</strong> <strong>the</strong> months to come. The electric cars experienced around 30% growth <strong>in</strong> sales and as<br />

per many automotive management services, electric cars are go<strong>in</strong>g to be more ma<strong>in</strong>stream <strong>in</strong> <strong>the</strong><br />

com<strong>in</strong>g months. At present all major car brands are com<strong>in</strong>g up with <strong>the</strong>ir range of electric vehicles<br />

<strong>in</strong> <strong>the</strong> market and o<strong>the</strong>r manufacturers <strong>will</strong> follow <strong>in</strong> <strong>the</strong> time to come.<br />

4. Car shar<strong>in</strong>g <strong>will</strong> cont<strong>in</strong>ue to grow<br />

Already car shar<strong>in</strong>g has been established as a big trend <strong>in</strong> <strong>the</strong> automotive <strong>in</strong>dustry. With <strong>the</strong><br />

<strong>in</strong>creas<strong>in</strong>g public consciousness about energy sav<strong>in</strong>g, this <strong>will</strong> cont<strong>in</strong>ue to rema<strong>in</strong> as a factor to pull<br />

down new car sales <strong>in</strong> many markets. Accord<strong>in</strong>g to many experts, by 2020 we can expect one<br />

among every 10 cars to be sold as a shared vehicle.

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