We, humans, are in the midst of the ‘Industry 4.0’ revolution, working towards blending both the physical and digital world. It is changing the way we look at things, right from the economy to industries. The automotive industry is also on the cusp of another technological revolution as we are witnessing two dramatic changes simultaneously – the transition to electric vehicles and the rise of autonomous vehicles. The commercialisation of these technologies can drastically alter the global transportation network.
Electric Trucks are next big thing
In recent months, there has been a lot of buzz in the media about electric cars & bikes, but you know electric trucks are not far behind. Currently, the segment has hardly any players but in the next couple of years, the sector is poised to get quite crowded. A lot of automotive OEMs are working to electrify and re-model the delivery and distribution truck, for electrifying logistics.