Matthew N. O. Sadiku, Janet O. Sadiku
The automotive industry is one of the most important industries in the US and around the world. It is one of the strongest pillars of the manufacturing sector. It encompasses the design, development, manufacturing, marketing, selling, and maintenance of motor vehicles, including cars, trucks, and motorcycles. The industry is currently undergoing significant transformation towards electric vehicles (EVs) and new mobility solutions. The automotive industry stands on the brink of a transformative era with the rise of autonomous vehicles. Autonomous vehicles are set to revolutionize the industry with increased safety, improved efficiency, and reduced operational costs. The international market for automobiles is already highly competitive and the competition to develop the autonomous vehicle is essentially a competition of innovation. This paper explores the impact of autonomous vehicles on the automotive industry.
Autonomous Vehicles, Self-Driving Vehicles, Connected Vehicles, Automotive Industry