Trends that are likely to shape the automobile industry in the coming years:
Increased use of electric and hybrid vehicles
It's likely that we will see a continued shift towards electric and hybrid vehicles, as concerns about air pollution and climate change drive demand for more sustainable transportation options.
Autonomous vehicles
The development and deployment of autonomous vehicles is likely to continue, though it’s uncertain when they will become widely available and how quickly they will be adopted.
Car sharing
The popularity of car-sharing services such as Uber and Lyft is likely to continue to grow, as people increasingly opt for flexible, on-demand transportation options.
Connected cars
Cars are likely to become increasingly connected, with built-in internet connectivity and the ability to communicate with other vehicles and infrastructure.
Changes in ownership models
It’s possible that we will see a shift away from traditional car ownership models, with more people opting to use subscription or pay-per-use models instead.
