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'Frankensteins' May Keep Legacy Automakers From Being Competitive

'Frankensteins' May Keep Legacy Automakers From Being Competitive

Summary

The IAA Mobility trade show in Munich highlighted competition between European and Chinese automakers, particularly in adopting software-defined vehicles. European car companies like Volkswagen, BMW, and Mercedes-Benz face challenges in speeding up production to match Chinese competitors. Software using artificial intelligence is becoming crucial for developing advanced vehicles.

Key Facts

  • The IAA Mobility show in Germany focused on car competition between European and Chinese companies.
  • European carmakers are working to speed up production to compete with Chinese companies.
  • Software-defined vehicles are key to modern car competitiveness and can update via cloud communication.
  • HERE Technologies helps automakers globally reduce time and cost in vehicle software development.
  • Autonomous driving technology and integrated navigation are significant trends in vehicle tech.
  • Chinese and European car companies are using artificial intelligence in vehicle operating systems.
  • BMW and Mercedes-Benz have launched new models with advanced software systems.
  • Chinese automakers integrate technology faster due to less reliance on external suppliers.

Source Information