Luxury Electric Vehicle Market Growth, Trends, and Forecast 2018 - 2026
The next generation of luxury automotive manufacturers are focusing on autonomous vehicles, connected vehicles, electric vehicles, and shared mobility trend. Automakers are ever supple in the space of luxury electric cars, incorporating advance technological features owing to the support of autonomous, connectivity, and mobility trends. Automakers are embracing these trends and luxury electric vehicles are undergoing a major transformation in terms of features and branding. On the autonomous trend front, luxury OEMs will be subjected to a first wave of application of inductive charging and business models based on in-car experiences. However, the impact on connectivity and human machine interference innovations is vital for brands looking to differentiate themselves. Artificial intelligence-based personal assistance and artificial intelligence proactive navigation to eliminate range anxiety and optimal usage of battery charge are likely to be a few examples of features includ...