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AI generative design technology is emerging as a transformative tool across various industries, including the automotive sector. The technology tool presents tremendous potential for innovation in automotive design by enabling OEMs to explore multiple design iterations swiftly and cost-effectively to produce more fuel-efficient, lightweight vehicle...

A surge in technical developments is fueling change in the automotive sector. This growth opportunity analytics investigates cutting-edge technologies revolutionizing the industry. Digital drivers, such as AI-generative design, quantum simulation, mixed reality, digital twins, virtual prototyping, smart factories, virtual workspaces, and machine vi...

Over 21.6 million units of light-duty electric vehicles (EVs) were sold worldwide in 2025, representing a 23.5% year-over-year (YoY) growth. Battery electric vehicles (BEVs) accounted for 66.8% of all EVs sold, while plug-in hybrid electric vehicles (PHEVs) accounted for 33.2%. The PHEV share declined by 3% in 2025. The global EV penetration in the...

The charging infrastructure market in Latin America is at an emerging stage, with a reduced number of charging points available. In 2022, for example, there were 6,492 public and semi-public charging points in the region to cater to an electric vehicle (EV) parc of around 89 thousand units. Despite that, it is expected to grow at a fast pace, espec...

Belgium’s economic growth will be supported by resilient private investment. High capacity utilization and favorable financial conditions will fuel strong private investment, although a weak labor market will affect private consumption in 2017 and 2018. Key logistics locations include Brussels, Antwerp, Liege, and Genk. In terms of the Logistics P...

This research service aims to answer the question of which technology—802.11p or cellular—is best suited for V2X communication. It also features a detailed analysis of each technology and various suppliers in the market and assesses what key OEMs are offering. It focuses on key regions where V2X technology is being implemented. An overview of the v...

09 Nov 2020  |  Global  |  Market Research

Technology Development Strategy Driving Waymo’s Innovative Business Models, 2020

Waymo’s In-house Technological Innovations and Strategic Partnerships Will Continue to Upend the Traditional Automotive Industry

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Key Issues Addressed

By the beginning of this decade, the term 'autonomous vehicles' had become familiar to the layman. Since the global COVID-19 pandemic, the automotive industry has been in a state of dichotomy. There is a clear realization that past predictions of launching fully autonomous vehicles by 2020 will not materialize; however, collective milestones in the...

City transportation systems around the world are undergoing significant transformation due to technological advancements, changing urban landscapes, and evolving expectations from residents. Traffic congestion, air pollution, and inefficient use of resources are common challenges that transport operators across cities are grappling with. To address...

Vehicle leasing is seen as a solution to the growing number of challenges faced by companies with regard to their mobility needs. Amongst others, these include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses in the present market conditions are focused on their core products/s...