Top 10 Automotive Industry Trends &

Innovations in 2021
A comprehensive survey of automotive industry trends to look forward to in 2021
reveals information-centric technologies playing a central role in the future of the
industry. The industry is adopting new technologies in its operations at an
unprecedented scale. In addition to technologies such as artificial intelligence (AI)
and big data & analytics that have been around for while, newer technologies such
as the internet of things (IoT) and blockchain also find numerous applications in
automotive.

Innovation Map outlines Top 10 Automotive

Industry Trends & 20 Promising Startups
In the Innovation Map below, you get an overview of the Top 10 Industry Trends &
Innovations that impact automotive companies worldwide. Moreover, the
Automotive Innovation Map reveals 20 hand-picked startups, all working on
emerging technologies that advance their field
.
Top 10 Automotive Industry Trends in 2021
1. Autonomous Vehicles (AV)

Autonomous vehicles or self-driving vehicles aim to minimize the need for human drivers and
look poised to transform everyday transportation. Fleets of AVs expand the scope of last-mile
deliveries, reduce downtime, and aim to make public transportation relatively safer. For example,
by reducing accidents caused due to driver fatigue or negligence. AVs are equipped with
advanced recognition technologies, such as AI-enhanced computer vision to identify obstacles
along the route.

Intvo

The US-based startup Intvo develops a pedestrian behavior prediction technology. Unlike two-

dimensional (2D) and three-dimensional (3D) object detection technologies that consider limited
parameters, their solution checks for head position, eye contact, and leg movements of the
pedestrians, weather conditions, and assigns a risk level. This reduces false positives in
pedestrian detection and enhances the safety of autonomous vehicles.
Udelv

The US-based startup Udelv provides autonomous vehicles for last-mile deliveries. It combines

advanced AI algorithms and hyper-speed teleoperations for human-assisted guidance in unique
situations. The startup’s vans have a payload capacity of approx. 360 kg (800+ lbs) and reach
speeds up to approx 100 km/h (60 mi/h). The vans deliver groceries from nearby stores and send
out a push notification when the order arrives.

2. Connectivity

Nowadays, vehicles come with a tamper-proof digital identity that differentiates them from other
vehicles in the network. This enables easy tracking of vehicular data for various use cases such
as insurance, driver safety, predictive maintenance, and fleet management. Sharing vehicular
data helps not just the individual customer, but overhauls the entire mobility ecosystem.

V2X Network

British startup V2X Network offers a vehicle-to-everything (V2X) platform for autonomous

transactions that combines geo-networking and caching to enable low latency real-time
communication. The platform runs on distributed ledger technologies (DLTs) and allows for a
high degree of scalability. The startup uses enterprise-grade encryption in order to provide users
control over their data to enhance security and privacy measures.

NoTraffic

Israeli startup NoTraffic develops an AI-powered traffic signal platform that digitizes road

infrastructure management and connects drivers to the city roadways to manage various traffic-
related challenges. The data of all road users is streamed and processed in real-time to empower
smart mobility. The solution also serves as the base for additional services such as
micropayments and micro-mobility.

3. Electrification

The depleting fossil fuel reserves and the harm to the environment caused by their use call for
promoting the use of electric vehicles (EVs). For greater adoption, EVs need to address issues
such as high price, poor battery, inadequate charging infrastructure, fleet electrification, as well
as powering renewable energy-based charging grids.

Lordstown Motors

The US-based Startup Lordstown Motors Corps makes an all-electric pickup truck. The truck,
EnduranceTM, is designed to be a sturdy work vehicle and comes with fewer moving parts
compared to traditional commercial vehicles, thus enabling easier maintenance. It features 4 hub
electric motors to provide a four-wheel drive and is capable of traveling more than 250 miles
(400 km) on a single charge.
ChargeX

German startup ChargeX offers a modular EV charging solution that converts parking spaces

into charging stations. The startup’s platform, Aqueduct, is easy to install, has 4 charging
modules with up to 22kW, provides monthly reports, and uses a Typ2 charging cable. The
solution recognizes the power requirements of every car and automatically controls the charging
speed for each vehicle.

4. Shared Mobility

With connected vehicles, new business models have come up that focus on shared mobility as an
alternative to traditional vehicle ownership. This enables mobility-as-a-service (MaaS) and
discourages unused vehicles. Such solutions meet the requirements of a city or a business
without adding new vehicles, thus reducing waiting time for fleets and pollution caused by petrol
or diesel vehicles.

Launch Mobility

The US-based startup Launch Mobility develops a platform for a range of shared mobility

solutions. The platform LM Mission ControlTM offers free-floating or station-based car sharing,
advanced shuttle services, shared dockless scooters, keyless rental programs, and peer-to-peer
shared mobility. The LM Mission ControlTM dashboard allows business users to manage their
fleets. Further, their drivers use out-of-the-box or white-labeled apps to manage reservations or
remotely access vehicles.

Beam

Singapore-based startup Beam focuses on e-scooters to promote shared mobility in the Asia-

Pacific region. Their scooters use an aviation-grade aluminum frame and are customized for
sharing, safety, reliability, and durability. Users discover the nearest Beam scooter on the app
and park it in visible public spots after the ride. Further, the micro-mobility platform offers a
sustainable alternative to short-distance rides and helps regulate traffic flow in cities.

5. Artificial Intelligence (AI)

Artificial intelligence technologies such as machine learning, deep learning, and computer

vision find applications in robotic automation within the automotive industry. These guide self-
driving cars, manage fleets, assist drivers to improve safety and improve services such as vehicle
inspection or insurance. AI also finds applications in automotive manufacturing, where it
accelerates the rate of production and helps reduce costs.

RevitsOne

Indian startup RevitsOne offers an AI-powered fleet-management software that is suitable for

fleets of varying sizes. The startup’s vehicle management system provides insights into speed,
running vitals, and health information. Drivers benefit from Voicera ID, a voice-based virtual
assistant that helps them keep track of the information they need. Additionally, the onboard
speed recorder limits the speed to discourage dangerous driving behaviors.

Apex AI

The US-based startup Apex AI enables automotive companies to implement complex AI

solutions. Apex.OS runs on automotive electronic control units (ECUs) and offers robust,
reliable, and secure APIs to develop autonomous mobility solutions. ApexAutonomy offers
modules to build 3D perception, localization, and control to enable autonomous vehicles.
Lastly, MARV.Automotive is a configurable and extensible data management platform that
reliably transmits data from the vehicle to the cloud.

6. Big Data & Data Analytics

In the age of big data, advanced data analytics informs various decisions throughout the lifecycle
of a vehicle. Data gathered from vehicles enables predictive maintenance, informs managers
about their fleets, and alerts concerned authorities in case of accidents. Moreover, customer
automotive data finds applications in driving sales, optimizing supply chains, and enhancing
product design for newer vehicles.

Procon Analytics

The US-based startup Procon Analytics leverages big data to offer a solution for automotive
finance. The solution captures millions of data points in real-time and analyzes them to enable
lenders to instantly assess and reduce risk. This allows Buy Here Pay Here (BHPH) dealers to
expand their businesses and extend credit to high-risk customers. Further, this also offers
software solutions for fleet and asset tracking as well as connected cars.

Unit8

Swiss startup Unit8 uses big data and analytics to offer digital solutions for various industries.
For automotive, the startup develops predictive models that encourage car companies to improve
marketing or operations and increase their revenue. These models provide insights into product
build, price, as well as after-sales service.

7. Human-Machine Interface

As self-driving cars and connected cars transform the automotive landscape, it will
fundamentally change how drivers interact with vehicles. Human-machine interfaces (HMI) use
voice-based or haptic feedback to operate vehicles. These expand the scope of how and what
aspects of a car that users control. Consequently, such interfaces make the driving experience
safer and more enjoyable. Another form of HMI includes smart virtual assistants who help
drivers and riders interact with the vehicles and other service providers.

Awayr

The US-based startup Awayr develops human-machine interfaces for vehicles, unmanned aerial

vehicles (UAVs), and robots. The startup works with automotive original equipment
manufacturers (OEMs) to decrease HMI development cycle time and enhance the safety of
interfaces. Awayr also builds solutions to manage driver attention in unconventional situations,
such as autonomous vehicles that may occasionally need human intervention.

Apostera

German startup Apostera offers an advanced driver-assistance system (ADAS). The startup’s

platform combines augmented reality (AR), smart camera, and surround-view monitoring to
illuminate the route on turns, curves, slopes as well as complex junctions. This assists the drivers
in keeping lanes, prevents collisions, and enables autonomous driving options. Moreover, the
solution is customizable to any car model or specific OEM requirements.

8. Blockchain

Blockchain finds multiple applications in the automotive industry. These include sharing vehicle
data over a secure network for connectivity and shared mobility solutions such as ride-hailing,
urban transportation, and deliveries. Moreover, it finds application in verifying the supply chain
of spare parts or making sure that the raw materials and spare parts are sourced exclusively from
legal and trusted sources.

Cube Intelligence

British startup Cube Intelligence develops a blockchain-based security platform for autonomous

vehicles. The startup’s technology utilizes hash codes to block malicious attacks or hacking
attempts on autonomous cars and connected cars. The hardware used gathers real-time data on
mobility and emissions. Additionally, Cube Intelligence offers ride-hailing and valet parking
services for AVs, as well as smart parking management systems.

DAV

Israeli startup DAV offers a decentralized autonomous vehicles platform based on blockchain

technology. The platform allows autonomous vehicles to discover AVs, service providers, or
clients around them. The vehicle-to-vehicle (V2V) communication is either on-blockchain, with
smart contracts, or off-blockchain using DAV’s protocols. The startup develops protocols for
drone charging networks, drone flight planning, and open mobility.

9. Additive Manufacturing
3D printing helps the automotive industry in three primary ways. Firstly, it enables rapid
prototyping with 3D printed models that accelerate the design and testing phases of production.
Secondly, it allows manufacturers to print spare parts to match their requirements. Lastly,
additive manufacturing of composite materials leads to automotive parts that are lighter,
stronger, and more durable.

9T Labs

Swiss startup 9T Labs employs additive manufacturing to produce carbon composites for use in
the automotive industry. The startup’s design software Fibrify optimizes fiber placement and
automates equipment production with additive fusion technology to mass-produce carbon fiber
products. The 3D printed composites are more affordable, lightweight, dimensionally stable,
corrosion-resistant, and also offer increased strength and stiffness.

Moi

Italian startup Moi combines thermosetting composite materials and 3D printing to manufacture

high-performance parts for the automotive industry. Moi uses continuous fiber manufacturing
(CFM) technology, robotic intelligence, and digital fabrication to deposit fibers. As a result, the
solution is easily scalable for producing composites for panels, frames, and interior components.
The startup also serves other industries, such as aerospace, construction, and biomedical.

10. Internet of Things (IoT)

In the automotive industry, IoT enables secure communication between vehicles as well as
vehicles and infrastructure components. The technology improves road safety, solves traffic
congestion, and reduces pollution and energy expenditure with better fleet management. Startups
and emerging companies develop advanced sensing technologies to gather more data about the
vehicle as well as allow the vehicle to understand its surroundings. The technology also
automates payments for fuel and tolls.

EcoG

Operating from Germany and the US, EcoG is a startup offering an IoT-based operating system
and platform for EV charging. The startup provides manufacturers with tools that make the
development and maintenance of EV charging infrastructure simple, fast, and scalable. It also
allows operators to integrate services and microservices in the chargers to make the charging
process profitable. In addition, the solution works with any EV charger and enables new features
to be shipped throughout the network.

KonnectShift

Canadian startup KonnectShift provides IoT solutions to optimize fleet and asset management.

The startup develops Konnect – GS01, an automatic electronic logging device (ELD) to
continuously track vehicular health. The solution includes route planning and optimization for
real-time dispatch, advanced analytics to enable alerts regarding driving, vehicles, and fuel,
predictive maintenance alerts to reduce downtime, as well as developing driver management
apps.

Discover all Automotive Technologies & Startups

Additive manufacturing near production sites, AI-based automated inspections, the use of big
data to inform design and production, and human-machine interfaces are reinventing the
manufacturing processes for automotive players. The push for electric cars and driverless cars is
strengthened by advancements in machine learning and IoT. These also enable new business
models in shared ownership of vehicles, analytics-driven maintenance, safety improvements, and
insurance. Further, startups and emerging companies develop solutions that enable vehicles to
securely communicate and transact over a network.

Reference: https://www.startus-insights.com/innovators-guide/automotive-
industry-trends-10-innovations-that-will-impact-automotive-companies-in-2020-
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