future cars

In the Internal Combustion engine (ICE) vehicle industry, the Asian automobile makers are expanding their offering and enjoy certain advantages over Tesla, said S&P Global Ratings in a research report. The market is fast-moving, and S&P Global Ratings expect more intense competition over the next few years to shift the competitive landscape. “Tesla is a strong competitor to Chinese automakers. The company was ranked as the No. 3 EV seller in China in the past three years, benefiting from good brand image and…

Representative Image Automobiles are no longer just a mode of transport. As technology makes our cars smarter, it has also changed their relationship with us and their surroundings. OEMs and car manufacturers are in a race to make future vehicles connected, autonomous, sharing and electric (CASE). And digital innovation will be the driving force behind the development of future-ready vehicles. Chinese OEM Huawei believes that as the industry moves forward, intelligent functions integrated within vehicle driving systems…