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.
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.
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.