Search results for: 'single use'

Launched on November 30, 2022, ChatGPT reached 1 million users in five days, the second fastest application to hit that milestone in history. GPT stands for generative pretrained transformer a large language model (LLM) developed by OpenAI in 2018. It has been trained on 175 billion parameters, making it one of the largest language models currently...

Generative AI (Gen AI) continues to create an impact across industries including automotive. In the next decade, Gen AI is expected to significantly influence automotive value chains, increase efficiency, productivity, and reduce wastes. In the supply chain, it will be used to optimize inventory and demand forecasting while in product development i...

The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to EV Battery Health Diagnostics, EV Charging, Single-chip LiDAR, and Mobility Platforms. Some of the innovations profiled include Automated Battery Replacement and Health Diagnostics for Electric Vehicles, Digital Business Management Platform for Truckers, Single-chip L...

14 Apr 2025  |  Global  |  Market Research

OEMs’ Used Car Retail Strategies, Europe and North America, 2025

CPO Programs and Electric Units Drive Future Transformative Growth Potential

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The used car market has undergone changes since the COVID-19 pandemic, driven by soaring prices and supply shortages of new vehicles that have suppressed demand. OEMs selling vehicles directly to end customers rather than through franchise dealerships as intermediaries is a new trend gaining traction globally. Under this business model, franchise d...

Globally, the US continues to be the leading market to test and launch vehicle subscription offers. Frost & Sullivan estimates about 32 vehicle subscription programs in the US at various stages of life cycle in 2018, and it is expected to witness more than 50 programs by 2025. Frost & Sullivan carried out more than 2000 interviews among potential c...

ChatGPT has established itself as a versatile tool with potential use cases in various business functions across industries. Potential use cases across the automotive value chain are numerous. This report looks at various scenarios in which ChatGPT can be used for the key elements of the automotive value chain including supply chain, manufacturing,...

Automotive OEMs are experimenting with wireless communication to bring in high-speed Internet to moving vehicles to support use cases such as virtual reality, real-time gaming, and live video streaming. Cellular communication systems (2G, 3G, 4G) face issues in terms of speed, coverage, security and 5G is yet to be commercialized. This research ser...

The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to Air Taxi, Electric Vehicles, Autonomous Mobility, Radar and Diesel Engines. Some of the innovations profiled include Autonomous Electric Air Taxi for Urban Air Mobility, Advanced 3D Mapping and Object Detection System for Autonomous Vehicles, Intelligent Operating Sys...

US President Donald Trump imposed a 25% tariff on imports of passenger vehicles, light trucks, and certain automotive parts (engines, transmissions, powertrain parts, and electrical components, among them) on March 26, 2025. He also announced a more comprehensive set of “reciprocal tariffs,” starting at 10% on almost all goods from most countries.S...