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These factors, it noted, are shaping the automotivemarket and pushing the industry towards a more connected and autonomous future. By 2030, the industry will witness an influx of brands leveraging expertise from the electronics and software sectors, driving the development of connected and autonomous vehicles.
Brookdale Community College has secured a grant totaling $561,318 from the National Science Foundation to pioneer the ElectricVehicle Education for New Jersey (EVE-NJ) project. As the automotive industry rapidly transitions towards electricvehicles, this grant represents a pivotal investment in preparing the workforce for the future.
Battery electricvehicles specifically made up 17.8 per cent of new vehicle registrations in December alone. per cent for 2024 and Plug-in hybrid electricvehicles ended the year with 3.9 per cent market share. Government incentives are playing a critical role in driving electricvehicle adoption.
These partnerships are advancing autonomous driving, connectivity, and electrification, shaping the future of the automotivemarket, it said. The entry of Chinese original equipment manufacturers into established markets like North America and Europe is expected to intensify competition.
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