Major Trends in Automotive Innovation: Insights from Auto.AI Europe 2024
Auto.AI Europe 2024 was both a lively and close-knit gathering, connecting like-minded enthusiasts inspired by the latest innovations in automotive tech. When more than 200 experts come together, the talks are sharp and straight to the point.
The N-iX team also participated in the conference, sharing our automotive expertise and insights on predicting electric vehicle energy consumption along specific routes. Our team was represented by:
We returned with a wealth of fresh perspectives on the future of the industry and are excited to share them with you. So, let’s dive into the emerging trends in European automotive.
Growing global competition
The European automotive sector is experiencing a significant wake-up call. The emergence of highly competitive global players, especially in China, is pushing European automakers to rethink their approach to innovation.
To stay competitive, the industry must improve product quality while keeping costs down—a challenge driving several new trends, particularly in Advanced Driver Assistance Systems (ADAS).
According to a McKinsey survey, consumers are open to this shift , with 51 percent of users worldwide considering switching to some form of ADAS vehicle in the future.
The direction is clear: automotive manufacturers need to view vehicles not just as mechanical products but as sophisticated software engineering systems.
This path towards digitalization aims to optimize costs, improve vehicle functionality, and ultimately create software-driven value for customers.
Core technologies framing the future of automotive
Among the top trends discussed during various panels of this conference, experts agree that these trends have become the pillars of modern software engineering for autonomous vehicles:
To remain competitive, automotive companies are increasingly adopting a software-defined vehicle (SDV) approach. An SDV relies on a powerful, unified processor capable of handling vast data volumes, ensuring seamless connectivity to other vehicles and the cloud, and implementing AI-driven decision-making. This paradigm shift turns cars into dynamic, upgradable systems rather than static products.
?? Continue reading our article to explore the trends discussed at Auto.AI Europe 2024 and the challenges facing the industry.
The future of automotive is efficient: how N-iX redefines EV performance
At Auto.AI Europe, Dmytro Humennyi, Ph.D. led a session on predicting EV energy consumption along specific routes. We had an engaging brainstorming session with participants, exchanging valuable insights. Thank you to everyone who joined us and contributed to the discussion!
Moreover, at the conference, our team was showcasing Ampere by N-iX: Predictive Energy Management for EVs.
At the core of the Ampere is a sophisticated system that integrates real-time telemetry data, algorithmic computations, and an analysis of driver behavior metrics. This tri-fold approach allows our software to accurately predict energy needs and adapt to various driving conditions and styles.
The solution drew strong interest from industry leaders reflecting the automotive industry's shift towards sustainable and efficient technologies.
Driving innovation in automotive
Connecting with industry peers at Auto.AI Europe was truly inspiring. We held many productive discussions with experts from MathWorks , HERE Technologies , Volvo Trucks , 大众 , 奥迪 , Mercedes-Benz AG , 大陆集团 , 宝马 , and others. The future of the European automotive market is filled with exciting opportunities, and we’re glad to drive innovation forward.
Why N-iX is a trusted partner for automotive software development
?? Diverse skill set and expertise: Our extensive knowledge in AI, machine learning, cloud development, IoT, enterprise mobility, VR production, and more allows us to effectively integrate advanced technologies into automotive solutions.
?? Business perspective: We understand the intricacies of various sectors and can tailor solutions to meet specific business goals, often uncovering opportunities that may not be immediately obvious to the client.
?? Innovation focus: Our strong commitment to R&D ensures we invest in research and innovation development, ensuring that we deliver mature and effective solutions to our clients.
?? Global reach: With a worldwide presence, we adjust to client requirements, no matter where they are. By organizing local teams, we foster closer relationships, enabling us to understand and meet client expectations better.
Contact our experts today to discuss how we can help you achieve your objectives!
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