The Future of Autonomous Vehicles beyond 2023

The automotive industry is beginning to embrace automated technologies, and automated trucks, mainly, are showing great promise.

FREMONT, CA: The car industry has experienced many tumultuous events in recent years, including COVID-19, the shortage of semiconductor chips, and a more significant impact at the beginning of the decade. However, the industry is slowly recovering, and this trend will continue next year.

And now, as the year nears its conclusion, it is time to anticipate the new year. With 2023 soon approaching, let's analyze some significant automotive industry trends to watch out for in 2023.

Enhanced Utilization of Autonomous Vehicles: In recent years, autonomous car technology has also gained significant traction as a trend. Autonomous vehicles, such as those produced by Tesla, are not going away anytime soon and are anticipated to gain ubiquitous in 2023. This is because an increasing number of manufacturers are releasing self-driving vehicles with enhanced technology that will make them safer, reduce driver fatigue, and make them easier to operate.

Even driverless vehicles will begin to appear in automobile transportation, with Tesla's Semi debuting this month and becoming more widely available the following year. This will not eliminate the necessity for auto transport drivers but may make their employment less stressful.

Fewer consumers will be able to afford automobiles: Due to the current economic downturn, an increasing number of consumers are being priced out of the market. This issue is caused by many variables, including the increased prices of both new and used automobiles, rising gas prices, increased APR, etc. As inflation worsens and interest rates rise, this situation will likely worsen in the coming year.

On the other side, there has been an increase in alternate car ownership models, such as ride-sharing and car-sharing. Ride-sharing apps like Uber and Lyft are as popular as ever. At the same time, car-sharing apps like ZipCar have also grown in popularity and will likely become the primary form of transportation for many people priced out of the market.

Enhanced Online Vehicle Sales: Online automobile sales are the way of the future, with an increasing number of shops and auto auctions offering inventory online. This strategy has provided buyers access to a broader assortment of vehicles while extending the dealer and auction customer base nationwide. Large companies such as Carvana have significantly increased the popularity of online auto sales, and this trend will probably continue to grow in 2023.