Huge head, long tail. Elektrobit focuses on advanced automotive software program improvement providers and hardware solutions and in addition develops wi-fi applied sciences. A progressive scenario would see fully autonomous vehicles accounting for up to 15 percent of passenger autos sold worldwide in 2030 (Exhibit 2).

Last year we anticipated that international car gross sales could be challenged and that was simply what occurred, with international passenger vehicle gross sales limping to a marginal increase of simply over four hundred,000 units in 2018. Dr. Jan Dannenberg, Accomplice at Berylls Strategy Advisors, supplies a month-to-month summary of a very powerful M&A transactions in the automotive industry.

In July 2017, Audi unveiled its new flagship A8, which has a controversial autonomous driving feature that lets drivers totally take their arms off the wheel while the car drives as much as 37 mph. Toyota has additionally hired professors and researchers from Stanford College, MIT, and the entire employees of the autonomous vehicle firm Jaybridge Robotics.

On the firm’s annual Tech Show in July 2019, Continental self-driving head Andree Hohm highlighted a number of barriers that made faster implementation of autonomous technologies untenable. On the customer aspect, prospects are investing in Automotive systems based on new options and capabilities which might be anticipated to exchange their present legacy programs.

Endeavor one of many largest manufacturing expansions within the company’s history, Ford Motor Firm (Ford) is ready to extend its capability within the US. The Ford Motor Firm is Forbes World 500’s 30th-largest firm with US$160.three billion in gross sales, although 2018 profit fell by more than half to US$three.68 billion.