Global trends in automobile sector:
The automotive industry has witnessed a drastic evolution post
2016 with many important advancements in technology. The old-
fashioned four-wheeled cars, which were earlier equipped with
basic features, have transformed into connected cars with
advanced features such as cloud computing, big data, and the
Internet of Things (loT), among others.
TOP TRENDS INAUTOMOTIVE INDUSTRY
26 &V2x
InVehicle Health jg Mic hybrid
Monitoring
oO oO + Vehicle as HUB
+
Truck Pistooning
Automotive UB! «e Usage Based Insurance for Vehicles
UBI can be further divided into types and future application
Types:
» Pay-as-you-drive (PAYD), Pay-how-you-drive (PHYD),
Manage-how-you-drive (MHYD), Distance-based
insurance
Future applications of automotive UBI:
~ loT based fleet management, Semi-autonomous & autonomous
car, Artificial Intelligence and HMI in transportation
e V2X & V2G Technology
° Vehicle-to-grid (V2G) technologies use peak load management as
distributed storage devices which enable the usage of electric
vehicles
° vehicle-to-everything (V2X) is a wireless technology that involves
the exchange of information between a vehicle and all the entities
it comes in . - and a lot more ...Kia Motors and automobile sector:
Kia Motor Corporation,
headquartered in Seoul is South
Korea's second-largest automobile
manufacturer, following the Hyundai
Motor Company, with sales of over
3.3 million vehicles in 2015. As of
December 2015, the Kia Motor
Corporation is minority owned by
Hyundai, which owns a 33.88%
stake valued at just over US$6
billion. Kia in turn is a minority
owner of more than twenty Hyundai
subsidiaries ranging from 4.9% up
to 45.37%, totaling more than
US$8.3 billion.Product and
services:
It has a total of 22 models of cars out of which 7 are SUVs’ and MUVs’, 3
are economical and 1 is commercial car.
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All-New Picanto, All-New Rio Sedan ‘All-New Rio Hatchback All-New Cerato/Forte
ZL8853
procee'd cee'd Sportswegon New Optima Optima Hybrid Codenza
KIAOED BB &
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Soul EV Ccerens/Rondo Grand CernivalSedone Sportage New Sorento
amy Pt
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Mohave K2500/K2700/
K3000s/K40006KIA LOGO
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