From Ford Model T in the early 1900s, to the present day of Tesla’s futuristic seamless digital integration, the automotive industry has indeed come a long, long way! In fact, it is anticipated that the automotive market size will burgeon to a mammoth $6.7 trillion by the year 2030.
What sets this figure apart, however, is that almost 30% of the revenue will shift to emerging technologies, from plain vanilla one-time vehicle sales. This infographic highlights the four winning ACES of the future automotive market – Autonomous, Connected, Electric and Shared.
Infographic by – Visual Capitalist