Electrified
The move to PEVs takes us closer to a vision of greenhouse gas emissions-free transportation. This is particularly true in Canada, where about 80% of our electricity is generated from low-emission hydro, nuclear or renewable sources.
Autonomous
Advancements in artificial intelligence are quickly redefining transportation and mobility, progressing from safety features in today’s cars, to vehicle command in controlled environments such as highways or specific neighbourhoods, to fully autonomous transportation everywhere. The PwC Germany study suggests autonomous vehicles may account for 40% of the personal mileage driven in Europe in 2030.
Shared
Autonomous driving will make shared concepts more economically viable. It will no longer be necessary for someone to search for a shared vehicle nearby. Instead, users can order vehicles to come to where they are. In 2030, more than one in three kilometres driven could involve sharing concepts.
Connected
This refers to the networking of cars with the outside world. It includes the networking of cars with other vehicles or transportation infrastructure, such as traffic lights. It also covers the networking of vehicle occupants to give them the ability to communicate, work, surf the internet or access multimedia services during their journey.
Yearly updated
The EASCY approach will lead to a clear increase in the rate of innovation in the automotive industry. Model cycles of five to eight years, which have always been common in this sector, could soon be a thing of the past. Instead, the range of models will be updated annually in order to integrate the latest hardware and software developments. As customers won’t want to buy a new vehicle every year due to the high purchase costs, the short innovation cycles will enter the market primarily through regular upgrades of shared vehicles.