How AI is Changing the Automotive Industry

The onset of the global pandemic has thrown a wrench into every aspect of the industry's operations. As a result, automotive companies have developed innovative AI-driven solutions to address such issues, and Artificial Intelligence (AI) is now regarded as a mainstream technology.

Fremont, CA: In today's technology-driven world, AI has emerged as a powerful transformation driver for all industries, particularly the automotive industry. It now has an impact on how automakers design, select and drive vehicles. According to experts, the AI-infused global market will grow at a compound annual growth rate (CAGR) of 39.4 percent between 2022 and 2030|$ 20.76 billion.

Utilization of AI in the Pandemic-Driven Era

The onset of the global pandemic has thrown a wrench into every aspect of the industry's operations. As a result, automotive companies have developed innovative AI-driven solutions to address such issues, and Artificial Intelligence (AI) is now regarded as a mainstream technology. As they are on the verge of a massive upheaval, these car manufacturers have been introducing new functions in their lineup of vehicles to meet the needs of new users. MG Motor is one forward-thinking automaker working on this, launching the exclusive MG Astor, India's first SUV with AI.

MG Astor has been distinctively designed to connect people with the car, with personal AI assistant and ADAS (LEVEL 2) technology. To manage 14 advanced Autonomous Level 2 features, the SUV is outfitted with AI technology, six radars, and five cameras. The company has even partnered with Bosch for ADAS (Advanced driver-assistance systems) and has integrated over 80+ connected car features into Astor.

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AI Adoption in the Automotive Value Chain

AI is being used effectively throughout the automotive value chain, including manufacturing, design, production, supply chain, post-production, 'driver assistance' and 'driver risk assessment' systems. Furthermore, AI is proactively transforming aftermarket services such as predictive maintenance and insurance. Here's how today's visionary automakers ensure proper use of this technology.