The content of this post is solely the responsibility of the author. AT&T does not adopt or endorse any of the views, positions, or information provided by the author in this article. Most, if not all, industries are evolving on a digital level heading into 2023 as we take the journey to edge computing. But the automotive industry is experiencing technological innovation on another level.
It used to be cool if your car had GPS and a dashboard screen, remote lock on a key, and a video player for the kids to watch movies during road trips. Then came bluetooth for your phone and keyless start. Not anymore. The bells and whistles available in today’s cars have left them all in the dust. Video player? Let’s be honest. This generation knows and expects on-demand streaming to keep them entertained. Cars can now function as fully equipped communications centers.
The popularity of electric vehicles is partly a response to the desire of achieving sustainability and carbon footprint reduction. Automobile manufacturers are making substantial investments to tackle emissions issues, create environment-friendly vehicles, and align with Environmental, Social, and Governance (ESG) requirements. To achieve brand edge and investment appeal, automakers market ESG as a business strategy.
As more connected vehicles hit the road, cyberattacks are increasing. Deloitte estimates that there will be over 470 million connected cars in use by 2025 if their popularity continues to grow at the current rate. And because each connected car produces about 25 GB of data every hour, they are a tempting challenge for cybercriminals and bad actors with malicious intent.
The future is arriving faster than you think. By 2030, fully automated vehicles are expected to account for 12% of global vehicle sales—a number that hikes to 20% for new vehicle sales in China. Tomorrow, 1st December, the first electric, semi-autonomous lorries with a range of 500 miles roll off the Tesla production line – headed to Pepsi.
