The automotive industry has evolved within the last few decades and some experts have taken a look at how COVID-19 has taken a toll on the industry.
Many have agreed that the virus has not only changed the way business is done, but it also gave a pig push into automotive innovations and technology.
A panel discussion, "Vehicle Technologies and Business Opportunities: What’s Now, What’s New and What’s Next," explored the idea of smart cities, new manufacturing technologies and more.
The experts included Mike McCoy, CEO, founding partner and creative director of digital industrial startup company HackRod; Carla Bailo, president and CEO at the Center for Automotive Research; Nigel Francis, CEO and executive director of LIFT, a nonprofit with a goal of driving the mobility sector toward the future of manufacturing; and John Waraniak, vice president of vehicle technologies for SEMA, who moderated the session.
Smart Cities and COVID
Bailo said COVID-19 has caused a global and economic interruption that has put us in a “time of extreme uncertainty. According to Bailo, some of the resulting changes are needed to better form “smart cities,” which she says will be in our future.
“With people working from home, a change in commercial real estate will spur conversations about the room cities have and what they can do with it,” said Bailo.
Bailo attributes the spurred assembly lines to the coronavirus and mentioned not only the automotive industry but the manufacturing industry as a whole will be impacted. She predicts more manufacturing will become automated.
“What a great time to be inventive and make things better,” she said. “Cities need to think about intelligent transportation and vehicles connecting to infrastructure and...