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  • On this trajectory, one out of three new cars sold could potentially be a shared vehicle as soon as 2050.
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Attracted by low per capita-car ownership, low labor costs and a rapidly expanding middle class, various global car-makers decided to invest heavily to expand production capacity in Indonesia and may make it their future production hub. Others, such as General Motors have come back to Indonesia to tap this lucrative market. However, Japanese car manufacturers remain the dominant players in Indonesia’s car manufacturing industry, particularly the Toyota brand.

The U.S. auto maker is requiring dealers who want to sell its electric models to ditch the haggling and invest in chargers. The auto maker is seeking meetings with investors and environmental groups that have questioned its commitment to greener cars. The full-size SUV is part of the company’s strategy to transition to all-electric platforms on an accelerated timeline. The comments by Akio Toyoda come as Toyota faces pressure to show it isn’t falling behind in the industry’s electric-vehicle race.

Innovation and patents

Traction inverters convert DC current from the battery into AC current required by the traction motor. The performance of the VE-Trac module has a tremendous impact on the vehicle’s acceleration, driving range, and overall performance. Lighting is becoming more intelligent to supplement ADAS systems and to provide brand customization. LED-based solutions provide higher intensity illumination while reducing electrical loading and improving the driving experience. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities.

Geely Holding Group holds an 8.3% stake and a 15.9% exercisable voting rights in Volvo. Geely Automobile holds a 49.9% stake in PROTON Holdings and a 51% stake in Lotus Cars. Dongfeng Motor holds a 12.23% stake and a 19.94% exercisable voting rights in PSA Groupe. Please help update this article to reflect recent events or newly available information.

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Volvo Group and Eicher Motors has a 50-50% joint venture called VE Commercial Vehicles. PSA and CK Birla Group have a 50-50% joint venture called PSA AVTEC Powertrain Pvt. PSA and Toyota have a 50-50% joint venture called Toyota Peugeot Citroën Automobile Czech. Isuzu and General Motors has a 50-50% joint venture called Isuzu Truck South Africa.

The move reflects growing demand from rental-car companies for green vehicles that can appeal to both customers and investors. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. With active participation from the automotive industry, W3C is working to bring drivers and passengers a rich Web experience. Today’s vehicular data involves a confusing array of formats and interfaces that differ by auto manufacturer.

Similarly, some Chinese car manufacturers, with impressive sales growth recently, might leverage the ongoing disruptions to play an important role globally. Further on, as cars are increasingly integrated into the connected world, automakers will have no choice but to participate in the new mobility ecosystems that emerge as a result of technological and consumer trends. A paradigm shift to mobility as a service, along with new entrants, will inevitably force traditional car manufacturers to compete on multiple fronts. Mobility providers , tech giants , and specialty OEMs increase the complexity of the competitive landscape. The market introduction of ADAS has shown that the primary challenges impeding faster market penetration are pricing, consumer understanding, and safety/security issues. Regarding technological readiness, tech players and start-ups will likely also play an important role in the development of autonomous vehicles.

Our growing portfolio is built upon decades of automotive expertise so you can design with confidence. The Chinese automotive powerhouse, which already owns Volvo and Lotus, bought 7.6%. As the first W3C initiative in this space, the Automotive Working Group is designed to address the need for standards in a connected vehicle ecosystem.

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