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THE NEW WORLD

Gentlemen, start your engines – and get ready for what’s next, in the form of disruption, innovation and transformation. Like it or not, the entire world of mobility is about to change beyond recognition, just as it did at the beginning of the 20th century.

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This quantum change will be far-reaching and will affect industries, cultures and human behaviours across the globe in ways that are as yet difficult to predict.

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Change in Every Direction

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Over the next decade or so, we will see new forms of transportation, a significant change in patterns of consumption and cutting-edge technology, all three of which will combine to redraw the landscape from top to bottom. And don’t forget to add into this equation the medium to long-term effects of the coronavirus pandemic.

 

Yes, exciting times ahead that are sure to become ever more unpredictable, challenging or exciting – according to your perspective.

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Putting It on ICE

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During the last ten years, the writing has been on the wall for the internal combustion engine. Although engineers have long since answered the efficiency issue and have made sure that the vehicle of today is far more environmentally friendly, hybridisation still holds the key.

 

Most governments have responded to the climate change call and sounded the death knell through regulation, to force automobile manufacturers to adopt this new technology, whether they like it or not.

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And the pace of change has been rapid. Indeed, some manufacturers have been reluctant, but many have cut off all investment in their ICE model range and set a date for wholesale integration of hybrid and electric tech.

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Connected and Autonomous Vehicles

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Other companies and, interestingly, from sectors outside of traditional automation are less convinced by the consumer model and believe that the future is autonomous. They’ve been working on self-driving vehicles with some of their prototypes at an advanced stage. These computerised cars and trucks will, they believe, help to drive the third factor in this equation and upend the concept of vehicle ownership altogether.

 

When autonomous and connected vehicles become commonplace, consumers will have access to transportation on-demand, or “mobility as a service” (MaaS) instead.

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The Future Is Closer Than You Think

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So, by the turn of the next decade, the majority of vehicles will feature hybrid or electric powertrains, and many will be hyper-connected to our ecosystem. They may be mostly autonomous even if they are not technically so, and will be hugely efficient.

 

Congested roads may begin to disappear as these vehicles talk to each other in real-time and transportation may become far more predictable than it currently is.

In this scenario, consumers may question the need to purchase a vehicle outright and endure all those hefty associated costs. Instead, they may choose to hire an autonomous vehicle on-demand, to take them where and when they want with consummate ease.

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Hold on for a Wild Ride

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The future of mobility is truly exciting. We’re about to see massive innovation, as new products, solutions and ideas spring to the fore. Crucially, we will see a transformation in the way that we, as individuals get from point to point, and waste will become a thing of the past.

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