Get latest articles and stories on Business at LatestLY. New Delhi [India], February 21: The EV & Connected Mobility Innovation Forum, organized by Konnect Worldwide Business Media, highlighted the role of Connected Vehicles and EVs towards disrupting India's Automotive Industry with Smart Mobility Solutions. The event saw participation from prominent industry leaders and stakeholders to discuss the future roadmap of the Automotive industry in India. The next phase of growth for mobility in India is fuelled by the connected vehicles, autonomous driving, electric and shared mobility among others was highlighted on the sidelines of the Forum. Business News | India's Automotive Industry Shifts Gears with the Convergence of EVs and Connected Technologies.
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“5G is an enabler for safer, connected mobility and we are looking into it very seriously. We are assessing what features could be provided with 5G technology and looking into partnerships in this area,” Dr Reji Mathai, Director, Automotive Research Association of India (ARAI), said at the 4th edition of ETAuto Connected Vehicle Summit in New Delhi.
Connected Vehicles: The connected vehicle market is projected to reach over USD 300 billion globally, with Asia Pacific, especially India, playing a significant role in its growth.