Part 2: Industry Trends that Will Shape the Future of Intelligent World 2030

Digital Power 2030

Sustainable, renewable energy will play a vital role in driving sustainable development of the world economy, as population growth and national industrialization drive energy demand to unprecedented levels.?

Since commercial oil drilling began in the 1850s, experts estimate that we have harvested more than 135 billion tons of crude oil, with that figure increasing every day. Currently, global annual consumption of primary energy amounts to about 14 billion tons of oil equivalent, of which more than 85% is fossil fuels. This means that fossil fuels will soon run out. According to BP, we will run out of global oil, gas, and coal resources in 50, 53, and 134 years, respectively, if our current extradition and consumption patterns do not change.?

This makes the development of renewable energy sources imperative to ensure sustainable development.?

According to UN Secretary-General António Guterres, "Renewable energy is crucial for building a sustainable, prosperous and peaceful future" at the High-level Dialogue on Energy in March 2021. He also noted, "The year 2021 must be a historic tipping point towards sustainable energy for all."

The global renewable energy industry has emerged as a promising new market in recent decades. Many countries have made wind and solar power generation part of their new energy strategies, and invested significantly into supporting R&D and industrial development in these areas. Driven by technological innovation, wind and solar power generation is also growing increasingly affordable. Oxford University's Max Roser found that the Levelized Cost of Energy (LCOE) of large-scale terrestrial PV plants was US$0.36 per kWh of electricity in 2009 and that within just one decade that price had declined by 89% to US$0.04 per kWh of electricity

For more on how technology will be at the vanguard of a cleaner world, download the?Digital Power 2030 Industry Report ?where we explore in detail how digital power will shape the future, including:

• Cost-effective wind and solar power will drive an energy revolution
• Power electronics technologies?
• The intelligent transformation of energy systems
• Grid-friendly, intelligent, and converged PV plants
• Smart power will ramp up the electric vehicle industry
• Green ICT infrastructure

Intelligent Automotive Solutions 2030

The beginning of the 2020s has marked a rapid shift towards more intelligent electric vehicles within the automotive industry. A new era for the automotive industry is just on the horizon, and we will soon see these profound changes affect our daily lives. There is an industry-wide consensus that vehicles will be more electric and intelligent Carmakers are embracing this trend by actively adjusting their business strategies and ramping up R&D investment. Many have made transformation a core part of their future development strategy and have already begun to take concrete steps in this area. Technology and user experience are driving rapid growth in the new energy vehicle (NEV) market.

In 2020, NEV companies were able to buck the trend and grow, helping them establish a mid- to long-term competitive edge over other players in the automotive market. This can be attributed to two key drivers – technology and user experience – that NEV companies have been able to leverage ICT to create an intelligent automotive industry and help carmakers build better vehicles through heavy investment into R&D and closer analyses of user requirements.?

The automotive industry is changing rapidly, and so are its products and industry landscape. As ICT is integrated into the automotive industry at an increasing speed, cross-industry collaboration becomes increasingly important. Huawei is committed to researching digital technologies and bringing its ICT expertise to the automotive industry through partnerships with carmakers.?

For more on how technology how the tech-powered roadscape will change for the better over the next decade, explore Intelligent Automotive Solution 2030 in our?Automotive Solution 2030 Industry Report ?in which we cover the technologies behind:

• How driving will be safer, smoother, and intelligent
• The steps that the introduction of autonomous vehicles will follow, starting with commercial vehicles?
• The introduction AI-powered “intelligent cockpits”
• How vehicles will become intelligent and electric
• The role data and software will play in creating software-defined vehicles
• How the industry will change for car manufacturers
• The changes that will take place in vehicle product attributes
• How cross-sector collaboration will benefit the industry
• The evolution of vehicles from a mobile space to an intelligent living space that integrates the virtual and physical worlds
• The central communications architecture for intelligent vehicles

Click here to read about the?8 Outlooks for Intelligent World 2030 , which looks at how technology will change key aspects of work and life.