MOLEX, a leading provider of electronic solutions and components for a variety of industries, has made a forecast for 2022 and beyond regarding the future of the automotive industry, consumer devices, healthcare technology solutions and more. Let's look at a brief overview of future changes in the auto industry.
To meet high demand, according to experts, electric vehicle manufacturers must work ahead of the curve, covering all aspects of electric vehicle use, which will drive significant changes in electric vehicle models, from improved functionality and batteries to different charging station options (www.molex.com).
The changes will also affect the separation of software and hardware, affecting all the constituent elements of electric vehicles, covering both infotainment issues and the use of software and design experience of electric vehicles, which will allow the consumer to get a deeper personalization of their vehicles, because experts predict an increase in demand in this direction, although, as they note, in 2022 it will be difficult to provide the consumer with full-fledged functionality due to the lack of chips, but this can be achieved as soon as chips become available. Experts also expect the increased availability of electric trucks, which will facilitate the mass adoption of electric vehicles in the U.S., the emergence of a new test market for the introduction of electric vehicles, changing all the previous rules, focused on consumers and allowing the definition of new sets of features. In addition, MOLEX experts expect growth in V2X (Vehicle-to-everything), the interaction of vehicles with other vehicles, infrastructure, pedestrians and other elements (www.molex.com).
*********
Well, MOLEX experts point out that the dynamic pace of change, innovation and transformation taking place in the automotive industry across the value chain and the entire ecosystem is creating both unprecedented opportunities and some obstacles, the automotive industry is on the verge of a major breakthrough despite persistent challenges. Companies are still managing to fill the gaps caused by semiconductor and raw material shortages by providing more creative solutions to customers and clients. MOLEX experts note that supply chain constraints will still contribute to some market entry constraints worldwide in the near term, and there are reasons for this, as the growth of electric vehicle production exacerbates semiconductor shortage issues, for example, the Ford Focus typically uses about 300 chips, and the Ford electric vehicle can have up to 3,000 of them, yet these issues should not stop automakers from achieving global leadership, developing ecosystems, new business models and innovations.