Challenges Of Connected Vehicle: The panellists at the session highlighted that education, both for customers and sales consultants, and the effective use of data will be crucial in navigating the challenges and leveraging the opportunities presented by connected vehicle technology in India.
“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.
Connected Vehicle Ecosystem: There has been not only a quantum jump in sales but a paradigm shift in the intrinsic nature of vehicles by integrating with and leveraging the disruptive technologies. This transformation has created a web and connected both the OEMs and consumers building an ecosystem of connected vehicles.