MAY 2023AUTOTECHOUTLOOK.COM8IN MY OPINIONINNOVATIVE TECHNOLOGIES THATBy Robin Milavec, Senior Vice President, Executive Board Director, Chief Technology Officer & Chief Strategy Officer, Nexteer Automotive (HKG: 1316) In recent years, the automotive industry has experienced a magnitude of change that has not been seen in over a century. This evolution continues and will be driven primarily by the mutually reinforcing and intersecting megatrends of Electrification, Mobility, Software, Connectivity, and ADAS/Automated Driving. Together, these industry trends are known by many different names, one being C.A.S.E. (Connected, Automated, Shared, and Electric).With these megatrends come a variety of new challenges for global automakers as well as Tier 1 automotive suppliers. For example, the Electrification megatrend brings challenges in areas such as load requirements, packaging, durability, and noise, vibration, and harshness (NVH), among others. This presents opportunities for automakers and suppliers to innovate new products and technologies to meet the unique needs of electric vehicles (EVs).Overcoming EV Load Requirement ChallengesEVs are typically heavier than their internal combustion engine (ICE) counterparts driven mostly by the vehicle battery weight. This means new and innovative steering systems will be required to handle the higher steering load requirements, such as Nexteer's Robin MilavecSOLVE UNIQUE NEEDS OF ELECTRIC VEHICLES & FULL-SIZE TRUCKS
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