Tag: Automotive
Global automotive technology to create $350B in opportunities – IHS
Automotive technology costs should decrease as volumes increase and further technology refinements are in place SOUTHFIELD, Mich. – Fuel efficiency, weight reduction, advanced safety technologies, human machine interface, lighting and consumer comfort features will drive $350 billion USD in incremental automotive supplier business opportunities, by 2021 — but not without initial challenges, according to a […]
Artificial intelligence systems for autonomous driving on the rise – IHS
Artificial intelligence-based systems in automotive applications are rare now, but will become standard in new vehicles over next 5 years Artificial intelligence is coming soon to an automobile dealership near you, according to a new study by consultancy IHS Inc. As the complexity and penetration of in-vehicle infotainment systems and advanced driver assistance systems (ADAS) increases, there […]
Natural gas poised to replace oil for heavy duty truck fleets – study
Natural gas as transportation fuel may have higher value for producers Natural gas could displace as much as 1.5 million barrels of day of oil for use as a transportation fuel by 2030, according to a new study by consultancy IHS. The study, LNG in Transportation: Challenging Oil’s Grip, forecasts significant growth and value in the market […]
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