The article predicts key trends in 2025 in the Automotive Industry from slow down in EV sales to growth of new business models like EV multi year leasing
The article by Sarwant Singh on Forbes, published on January 13, 2025, discusses the global automotive industry's outlook for the year. It highlights several key trends and predictions: the continued rise of electric vehicles (EVs) with an expected increase in market share due to advancements in battery technology, government incentives, and consumer demand for sustainable options. Autonomous driving technology is also set to advance, with Level 3 and Level 4 automation becoming more common in new car models, although full Level 5 autonomy remains elusive. The article also touches on the growth of mobility-as-a-service (MaaS), predicting a shift towards shared mobility solutions, reducing the need for personal car ownership. Additionally, there's an emphasis on the integration of AI and IoT in vehicles for enhanced safety, connectivity, and user experience. Lastly, geopolitical factors, supply chain issues, and economic recovery post-COVID are noted as significant influencers on the automotive market dynamics for 2025.
