Latest News in the Industry:?

The automotive industry is on the brink of a technological revolution, with connected vehicle penetration anticipated to reach an astounding 72% globally by 2024. This surge is driven by:?

• Technological Advancements:?Cutting-edge innovations are propelling the adoption of connected vehicles.?

• Key Market Adoption:?China is projected to solidify its position, rivaling North America in connected vehicle penetration.?

This transformative shift underscores the critical importance of?cybersecurity?and?data privacy?for industry stakeholders. Moreover, the integration of?lidar sensors?and?robo-taxi services?signals a move towards autonomous driving capabilities, poised to redefine urban mobility and unlock new market opportunities.?

From 2019 to 2023, the car rental industry in the United Kingdom experienced significant growth, registering a CAGR of 4.5%. One of the most revolutionary advancements in this sector is the introduction of?blockchain technology. This innovation has:?

• Accelerated Rental Operations:?Speeding up processes and reducing delays.?

• Improved Security and Transparency:?Providing accurate and tamper-proof records of rental history, payments, and vehicle conditions.?

This technological leap ensures a seamless, secure, and transparent experience for both car rental companies and their customers.

Autocar Change Makers Podcast Second Season Is Live:

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The Autocar Change Makers Podcast is live for its second season, brought to you by Tomorrow's Journey. The new season began on 4th July 2024 and has aired it’s 2 episodes.

Join Chris Kirby, CEO of Tomorrow's Journey, and Felix Page, News and Features Editor at Autocar, as they engage in insightful discussions with leaders from the UK's and Europe's most innovative automotive companies.

Engage with industry leaders, discover trends and technologies shaping the future, and hear exclusive stories of industry challenges and successes.

Listen to the second season now:

Video: Autocar Change Makers Podcast Autocar Change Makers Podcast (tomorrowsjourney.co.uk)

Apple Podcasts: Autocar Business on Apple Podcasts

Spotify: Autocar Business | Podcast on Spotify

Tips For The Experts:

Fleet management is evolving with technology, and here are eight essential tips Tomorrow journey must share with you?to stay ahead:

We are delighted to share the highlights from July! Stay tuned for more insights and updates in the next edition of our newsletter.?