25 Feb '14, 6pm

Global #auto industry entering "golden age of #innovation"

Global #auto industry entering "golden age of #innovation"

The global car industry is entering a global age of innovation according to The Boston Consulting Group (BCG) , making leaps and bounds in four key technology areas; powertrain, lightweight materials, connectivity and active safety (or assisted driving). A new report from the Group is released as the North American International Auto Show in Detroit opens its doors for a press preview, featuring a plethora of new motoring technologies and brand new car models. The research is based on a sources including a consumer survey, an analysis of patent filings and BCG’s annual study of innovative companies. Firstly, BCG’s 2013 survey discovered that fourteen of the top 50 innovative companies in the year were carmakers, compared to 10 in 2012 and only five in 2005. Three carmakers—Toyota, Ford and BMW—even make it into the top ten. Among these 14 top automotive innovators, R&D spe...

Full article: http://www.thegreencarwebsite.co.uk/blog/index.php/2014/0...

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