Cars and commercial vehicles are getting more durable time and new regulations. Automobile companies used to get major part of their revenues through sale of spare parts. This has seen a decline with vehicles that are more durable. Automobiles want to find a new source of revenue.
With technologies like e2v and e2x there are chances that the automobile companies see associated services as a new source of revenue going ahead. The new vehicles of tomorrow have major part of their costs towards software spends. Almost 20-30% of the vehicle costs are towards connected technologies.
Network providers stand to benefit with this trend, EMS focused towards automobile companies. Also network associated proxies, power, technological companies stand to benefit. It’s getting clearer that power related companies are going to do well in the coming years.
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