KPMG Partner and automotive industry expert Gary Silberg prefaces their dynamic report on the 'forces that are shaping the entire automotive ecosystem': "Not since the first automotive revolution has there been such stunning innovation in the industry. Autonomous vehicles are only part of the story. The convergence of consumer and automotive technologies and the rise of mobility services are transforming the automotive industry and the way we live our lives."
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As declines go, Detroit’s has been spectacular. So it’s a little strange to discover—just a short drive north of downtown, past countless deserted office blocks and homes—something that could help make cities safer, more energy-efficient, and generally more pleasant to live in.
Down the road in Warren, Michigan, General Motors is testing technology that lets cars transmit and receive useful information wirelessly across several hundred meters. Vehicle-to-vehicle communications should improve road safety by warning drivers of an impending collision or alerting them to treacherous road conditions ahead.
Eventually, connected vehicles should also benefit cities, acting as mobile sensors within vital transportation arteries and helping prevent accidents, control congestion, and reduce energy use.
Personal transportation is on the cusp of its greatest transformation since the advent of the internal combustion engine.
With the rise of self-driving vehicles, ride-sharing, traffic congestion and environmental regulation, we may not even own cars in the future, much less drive them.
A glimpse of the coming revolution can be seen in the models debuted at the Los Angeles Auto Show.
A large truck speeding in the opposite direction suddenly veers into your lane. What do you do?
Jerk the wheel left and smash into a bicyclist? Swerve right toward a family on foot? Slam the brakes and brace for head-on impact?
Drivers make split-second decisions based on instinct and a limited view of the dangers around them.
The cars of the future -- those that can drive themselves thanks to an array of sensors and computing power -- will have near-perfect perception and react based on preprogrammed logic.
During a White House event U.S. Department of Energy Secretary Ernest Moniz, Counselor to the President John Podesta, PG&E Corporation Chairman and CEO Tony Earley, and Edison Electric Institute (EEI) President Tom Kuhn announced two electric power industry initiatives to further commercialize electric transportation technologies.
As part of an industry commitment to electric vehicles and clean energy, more than 70 investor-owned electric utilities will increase investment by an estimated $50 million per year, or $250 million over 5 years, to add more electric vehicles to their fleets starting in 2015.