Letting Go of the Wheel

TOMORROW'S TECHNOLOGY

Pulling together our recent work with government legislators, carmakers and our insurer members, this report offers a data-driven assessment of Britain’s future car parc.

Through its pages, it makes a series of predictions about how UK roads will look in 2025 based on current data models and technology trends. It identifies key threats and opportunities, and outlines the ongoing work of Thatcham Research to help the industry mitigate the challenges ahead.

Letting Go of the Wheel

Download the report and discover what the future holds for the automotive industry

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RAPID TRANSITION:

FIVE AREAS OF GREAT CHANGE IN THE NEXT FIVE YEARS

AN AGE OF DIVERSITY

Electrification will be familiar with most UK motorist in five years. Around 10% of the car parc will have built-in electrification by 2025.

ELECTRIC DREAMS

We think electrification will spark the biggest short-term change in the automotive industry. Our prediction is that 30% of all new vehicles sold by 2025 will be electrified.

AUTOMATIC FOR THE PEOPLE

Although the projected share of the Automated Driving enabled car parc is predicted to be slightly less than 1% in 2025, the first such cars will hit the road in 2021.

SAFER CONNECTIONS

The Society of Motor Manufacturers and Traders (SMMT) projects that up to 90% of new cars - and over half the car parc - will be connected to the internet by 2025.

ONUS ON NEW OWNERSHIP

The days of the motorist buying a vehicle and maintaining it for a decade or more are fast drawing to a close. Mobility as a Service (MaaS) means consumers can subscribe to their carmaker of choice.

TOMORROW'S TECHNOLOGY