The basic structure of auto-industry across the world is changing swiftly. Think of the rising prices of energy, the growing effect of greenhouse emissions, and urbanisation are just a few of those challenges that the mankind is facing today. With this scenario at the forefront, there is an ever-increasing responsibility on the entrepreneurs and innovators to create a future that is environment-friendly and sustainable. The future of mobility is in question. And a brave step to combat this big challenge is taken by the leading face of the auto-industry, Mahindra & Mahindra.
Mahindra’s Nuvo Sport, KUV100, Quanto, Verito, Rexton, Tivoli are some of the latest additions to Mahindra’s family of cost-efficient, power-packed, and classy vehicles. Cars and tractors that were once mechanically driven can now be monitored by softwares. Modern engines of trains are being run on electricity and hydrogen in place of petroleum. Even the ownership models have seen a change. Today, even if people do not own cars, they have the choice of renting them out. This implies a prominent shift in the traditional ownership models from private ownership to sharing models.
The 5C’s which will revolutionise the way the future of mobility is looked at:
- Convenient: Technology is being used to make things simpler for consumers such as online shopping through which people can purchase cars online. There have been innovations through multiple car ownership models which enables even the sharing of a car. Therefore, convenience will act as key reason.
- Clean: Manufacturers need to work beyond engines that are just efficient. From the manufacture to the use as well as disposal of vehicles through the life-span should be aimed at being carbon-neutral. The means there is a necessity for sustainable manufacturing processes and zero-emission charges.
- Cost-effective: In developing countries such as India, there is a need of technology being accessible to all consumers. This means it should cater to every individual which is only possible if it is cost-effective in nature.
- Clever: The existence of remote diagnostics will be succeeded by driverless cars. There will be advanced developments such as semi-autonomous and autonomous cars which will include features such as self-parking. These may eventually turn to driverless cars.
- Connected: In the future, there will be creation of more connectivity in cars such as safety features to avoid accidents through car-to-car connections, car-to-infrastructure for efficient management of traffic and connecting cars with people such as through smartphones.