Still, there are no major concerns about this situation as domestic car demand has ample room for growth in the decades to come with Indonesia’s per capita car ownership still at a very low level. Indonesia is facing a severe energy issue, particularly in fuel oil for the transportation sector. ITS as a green university also strives to innovate the economic automotive product. ITS initiative to create an electric car, GESITS, and Sapu Angin has gained international acknowledgment since these cars won many international competitions. Daimler AG and Geely Holding Group have a joint venture called smart Automobile, both companies hold a 50-50% stake. Daimler AG and BYD Auto have a joint venture called Denza, both companies hold a 50-50% stake.
- Through continuous improvements in battery technology and cost, those local differences will become less pronounced, and electrified vehicles are expected to gain more and more market share from conventional vehicles.
- As such, from a macroeconomic and monetary perspective there is a good context in Indonesia, one that should encourage rising car sales in the years ahead.
- In an era of unprecedented disruption, success depends on automakers’ ability to orchestrate multiple changes, from software-driven transformation to the shift to sustainable mobility and autonomous driving.
- Drive your strategic growth and sustainability with our confident, scalable engineering.
- Due to the easier monetary policy and the end of the economic slowdown in 2016 (GDP growth accelerated to 5.02 percent y/y), Indonesian car sales finally rebounded in 2016.
Expleo benefits from more than 40 years of experience developing complex products, optimising manufacturing processes, and ensuring the quality of information systems. As a responsible and diverse organisation, Expleo is committed to doing business with integrity and working towards a more sustainable and secure society. Expleo boasts an extensive global footprint, powered by 15,000 highly-skilled experts delivering value in 30 countries. The TARA2000-AUT provides a uniform beam with edge-to-edge high-power illumination over a rectangular field, and is the industry’s first to be qualified to the AEC-Q102 automotive quality standard and the ISO functional safety standard. It is ideal for 3D gesture sensing as well as 2D/3D driver and interior monitoring applications. A sustainable automotive ecosystem that delivers connected, electrified vehicles and services requires rapid, continuous innovation.
Imagine a Battery Centric World
The World Wide Web is the most interoperable system available for application developers. As applications evolve from desktops to devices, developers can leverage the benefits of a Web-based environment. The model is extensible and leveraging work from the W3C Web of Things been used to represent vehicles as things in IoT. Shared information relies most fundamentally on a common description of the underlying data itself. To that end, the W3C Automotive working group is specifying a common data model for vehicle signals.
Drive the automotive software and design revolution
Diverging markets will open opportunities for new players, which will initially focus on a few selected steps along the value chain and target only specific, economically attractive market segments—and then expand from there. While Tesla, Google, and Apple currently generate significant interest, we believe that they represent just the tip of the iceberg. Many more new players are likely to enter the market, especially cash-rich high-tech companies and start-ups. These new entrants from outside the industry are also wielding more influence with consumers and regulators . Similarly, some Chinese car manufacturers, with impressive sales growth recently, might leverage the ongoing disruptions to play an important role globally.
Meanwhile, in the developed countries, the automotive industry has slowed. It is also expected that this trend will continue, especially as the younger generations of people no longer want to own a car anymore, and prefer other modes of transport. Other potentially powerful automotive markets are Iran and Indonesia.Emerging automobile markets already buy more cars than established markets.
AUTOMOTIVE INDUSTRY ACTION GROUP
Fully autonomous vehicles are unlikely to be commercially available before 2020. Meanwhile, advanced driver-assistance systems will play a crucial role in preparing regulators, consumers, and corporations for the medium-term reality of cars taking over control from drivers. Understanding where future business opportunities lie requires a more granular view of mobility markets than ever before. Specifically, it is necessary to segment these markets by city types based primarily on their population density, economic development, and prosperity. Across those segments, consumer preferences, policy and regulation, and the availability and price of new business models will strongly diverge. In megacities such as London, for example, car ownership is already becoming a burden for many, due to congestion fees, a lack of parking, traffic jams, et cetera.