From Service to Retail, Here’s How the Metaverse is Reshaping the Auto Industry
It's not science fiction anymore. Car owners may soon have their vehicles serviced with the help of augmented reality, and they may explore a virtual world while charging their electric vehicles. And get ready for an otherworldly shopping experience.
The metaverse—or virtual reality—is reshaping how automakers serve their customers, and it could increasingly affect how motorists experience their vehicles, too. The use cases were on display last week at the CES consumer electronics trade show in Las Vegas, where several automakers shared visions of their technology futures.
Stellantis NV's Fiat said it will bring its virtual showroom with the help of Microsoft Corp. and Touchcast Inc. to North America when it begins selling the 500e city car here again next year. The all-electric Ram 1500 Revolution concept promoted a phone app with a digital measuring tool to help users determine how to fit equipment or other objects in the truck.
Nice: Used Cars Are Finally Getting Cheaper and Easier to Find as 2023 Kicks Off
It's been a bad time to buy a used car for the past three years, but there's a glimmer of hope as we enter 2023. No, you still can't buy a year-old Ford F-150 for $20,000 off, but you're at least less likely to pay more for one than a brand-new unit.
Vehicles from the 2020-2022 model years are actually seeing the biggest dip, with 2021 units declining more than 18 percent. This is a significant change seeing as multiple models were commanding more money on the used market than their factory-fresh counterparts just last year.
Not everything is moving in the buyer's favor, but it's fair to say the good is outweighing the bad for once. Vehicles cheaper than $10,000 are still few and far between, and older used cars from the 2010-2018 model years are losing value a lot slower—just 7% to 10% since July 2022.
Why You Should Take Supplier Relationships Seriously
It’s important to understand the true value inherent in your supplier relationships so that both of your organizations can do their absolute best.
J.D. Power Expands EV Portfolio with Acquisition of ZappyRide
Launches E-Vision Initiative Integrating Industry-Leading EV Software, Data and Services with Robust Analytics and Consumer Intelligence Solutions to Empower EV Transformation for Manufacturers, Utilities and Consumers
J.D. Power announced the completion of its purchase of ZappyRide, an electric vehicle (EV) data company that builds white-label software and tools for automotive original equipment manufacturers (OEMs), electric utilities, and other greentech stakeholders.
Uniquely positioned to deliver a comprehensive range of software and services that include strategic planning for electrification programs, consumer shopping and cost analysis tools, regional and federal incentive data and EV program administration resources, ZappyRide complements J.D. Power strengths in both automotive and utilities customer intelligence and analytics.
AT&T and Geotab are Teaming Up to Reduce Greenhouse Emissions in Transportation
AT&T and Geotab have joined forces to help drive emissions reductions in the transportation sector, combining Geotab’s award-winning telematics solutions with AT&T’s Internet of Things (IoT) platforms.
By John Schulz, director of Sustainability Integration, AT&T & Eric Mallia, vice president, Sustainability Business Solutions for Geotab
At the COP27 global climate summit in Egypt this past November, leaders from around the world gathered to discuss how to best accelerate the transition to a zero-carbon economy. Scientists have warned that we have a shrinking window of opportunity to keep global temperature rises from passing 1.5 degrees Celsius over pre-industrial times.
It is past the threshold where the impacts of climate change – including superstorms, floods, wildfires and drought – are expected to become significantly more extreme.
