In recent years, big changes have happened in the car industry. Modern vehicles and two-wheelers are more than just pieces of hardware on wheels or simple modes of transportation, to name one of them.
Instead, thanks to sophisticated, cutting-edge technologies like linked, autonomous systems, modern cars are more akin to devices on wheels.
Fancy technology called Artificial Intelligence (AI) is the main reason why cars are changing a lot.
Electric cars are making this change happen even faster. Vehicles powered by
internal combustion engines in the past relied on several gears and moving
parts.
More computer programs are used in electric cars to make sure they work well. Many people now want electric cars, so the use of artificial intelligence in cars has increased. Using AI in cars means using different ways to make them smarter.
It begins with the supply chain and lasts until the car owner owns the
vehicle.
The automobile sector is rapidly changing because of AI. The artificial intelligence (AI) found in electric vehicles (EVs) has various advantages. Yes, AI helps a lot with electric cars.
It makes driving better, keeps us safe, predicts when the car needs fixing, makes the car work well, and uses energy more efficiently.
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AI assisting the EV industry's growth
eMaaS, or electric mobility as a service, has been made possible by the application of AI in electric vehicles.
New industry standards in EV lifetime management are being set by AI-based data analytics and machine learning technologies. This makes electric cars cost less and easier to buy.
AI makes electric cars better by looking at how fast they go, how much power they use, and checking the health of their batteries. It picks the best and cheapest way to drive by looking at traffic and weather, making the car go farther.
AI helps cars drive safely by avoiding problems like people walking or riding bikes.
AI helps electric cars run better, save money, and stay safer by taking care of the battery.
AI is transforming user experience, design, and the entire EV ecosystem
AI is making electric cars better and helping the car industry grow. It's changing how we make and build electric vehicles in a significant way.
Many manufacturers venturing into the electric vehicle market consider
artificial intelligence (AI) as a boon, since it facilitates the R&D
process for new cars, reduces design and development time, helps identify and
fix process defects, and so on.
When it comes to introducing electrified and connected technology, MG Motor is one of the top automakers in India.
AI-guided software is differentiating and enabling electric vehicles, according to Manish Patel, Senior Director of IT at MG Motor India, in an interview with HT Auto.
As AI develops further, MG is utilizing its potential to usher in a new era of industrial efficiency and car safety. VP of Automotive, India at Capgemini Invent Ashish Sharma discussed this topic and noted that AI-driven algorithms are being used to optimize vehicle design for energy efficiency, aerodynamics, and weight reduction, improving the overall performance and range of EVs.
With the use of enormous data sets
and algorithms, AI in EVs speeds up the traditionally drawn-out automotive
design cycle.
This helps make better electric cars by improving how they work, the
shape to make them go faster, and the batteries to make them last longer.
People talk about how fancy computer programs are making electric cars better. These computer programs help cars drive by themselves, find smart routes, and make special experiences inside the car.
Many people enjoy these
cool features. Technology is also improving batteries by testing different
materials, shapes, and charging methods.
Siddharth Jhunjhunwala, the CEO of Web Spiders Group, thinks this technology is like a virtual boss.
This tool helps make electric cars better by
deciding how they look and estimating how much they might cost. It affects how
we design and create electric cars.
This encourages agility, avoiding a rigid mindset in EV range
development, and speeding up product introductions from years to months.
"Proactive alerts from AI lower insurance costs by preventing collisions, which improves the services provided by EV makers.
He said,
It helps cars stay in good condition for a long time by always checking information in real time. This way, it can predict the car's health and ensure it stays safe.
People have made a lot of new and better technologies for making things, he said.
Examples include the use of digital twins to increase the PTCED line's efficiency and the setup of an electric vehicle power distribution unit, where a smart station comprising a Cobot (coworking robot), vision system, and AR-assisted light guide system has been created to ensure error-free product assembly.
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The person from MG said that smart robots and automated systems with artificial intelligence (AI) help stop product recalls. They do this by finding and fixing problems and making sure the quality is good when making the vehicle.
AI can create new sources of income for the EV sector
Beyond the way artificial intelligence has been facilitating the tremendous transition of the electric vehicle sector and its growth, there are other benefits that AI may provide.
AI can help make lots of money in different
ways. AI can provide EV manufacturers with new revenue streams by enabling
personalization and real-time branding options, as per Siddharth Jhunjhunwala's
belief.
Manish Patel from MG Motor India said that technology is changing the business of electric cars. It means there are many new ways to earn money in the electric car business.
The automotive sector is leveraging AI's potential to boost creativity, improve consumer experiences, and optimize processes. Large databases of consumer information are analyzed by AI to create marketing campaigns that are precisely calibrated and adapted to each person's tastes and habits. This increased accuracy can raise conversion rates, which can increase sales and eventually boost revenue, the speaker continued.
Capgemini's Ashish Sharma shares this belief. He believes that AI can assist companies in earning more money by adjusting to what customers desire and understanding changes in the market.
Autonomous driving capabilities and advanced driver assistance systems (ADAS) represent a major avenue.
Real-time data processing from sensors and cameras is made possible by AI algorithms, which open up new functions like autonomous parking, adaptive cruise control, and lane-keeping.
Manufacturers can generate additional revenue by offering these capabilities as premium add-ons or subscription-based services.
According to Komaki Electric Director Gunjan Malhotra, AI algorithms may be used to evaluate data from connected cars, offering insightful information for focused advertising and generating new income streams for the EV ecosystem.
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