Technology Is Impacting The Automotive Industry

There are approximately   22 cars for every 1,000 individuals in India in 2018, according to Niti Aayog CEO Amitabh Kant. While the current car ownership in the country falls behind other nations, the International Energy Agency (IEA) predicts that ownership of passenger cars in India will increase by 775 percent in the next two decades. The agency estimated that there will be about 175 cars for every thousand people in the year 2040 due to urbanization. Aside from this projection, car sales in the country may increase. 

Experts believe that the   current impact of modern technology in the car industry can encourage people to buy a vehicle. If you plan to buy a new car in 2020, here are some of the latest in-car technology trends that are changing the way we drive. 

Built-In Mobile Payment Systems

One of the major considerations of consumers nowadays is convenience. Because of the hectic lifestyle, everyone wants to keep the basic tasks as stress-free as possible. Recently, an American radio broadcast company and a multinational financial services provider teamed up to   unveil a new payment system during the CES 2020 to make drivers’ lives better. The new technology uses an in-dash ordering and automated payment system that will let you pay for food, toll, gas, or parking without getting out of the car.  

You only need a stable 4G-LTE data connection and the connected services of the radio broadcasting company to activate this. The technology may come out in  different car models that manufacturers will introduce in the future.   

Solar-Powered Cars

While the concept of incorporating solar panels into the roof of the vehicle already exists for a while, the effects of the technology remain unfelt. But thanks to the newest advancements in technology, you may expect to see more cars running using the power of the sun. Solar-powered cars are also expected to become a lot less expensive due to the latest solar power innovations. 

As a result, more people will become encouraged to buy their own car since they do not need to spend a significant amount of gasoline or diesel expenses all the time. Also, it will let you drive the car further without having to stop at gas stations to refuel since it runs using solar energy.  

These are just some of the emerging in-car technology trends that you can see in the market in the coming days. These innovations aim to attract more consumers to purchase their own cars. With the help of these technologies, you can have a more enjoyable and pleasant ride while driving a new vehicle.

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