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Electronics make up 40 per cent of the cost of a new car, a new analysis suggests, with the figure set to rise over the next decade.
Automotive electronics - such as parking sensors, infotainment systems and anti-lock braking systems - accounted for as little as five per cent of a new car’s cost in 1970, as a result of the obvious lack of technology in cars at that time.
The figure reached 10 per cent in 1980 due to the advent of electronic fuel injection systems, and then hit 15 per cent in 1990. The research, from accountancy firm Deloitte, shows the proportion of the cost of a new car’s electronic systems was as high as 22 per cent in the year 2000, when airbags, anti-lock brakes and electronic stability programmes became increasingly standard.
In 2010, electronics accounted for 35 per cent of the cost of a new car, with advanced driver assistance and infotainment systems having been developed. Now, in 2020, the figure sits at around 40 per cent, and is only set to carry on climbing.
Deloitte projects that by 2030, electronics could make up between 45 and 50 per cent of a new car’s value, with the report’s authors predicting: “Consumption of automotive electronic components for safety, infotainment, navigation and fuel efficiency will increase for years to come due to ever-more electronic components being applied in advanced safety features added to vehicles.”
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Continue reading...
Automotive electronics - such as parking sensors, infotainment systems and anti-lock braking systems - accounted for as little as five per cent of a new car’s cost in 1970, as a result of the obvious lack of technology in cars at that time.
The figure reached 10 per cent in 1980 due to the advent of electronic fuel injection systems, and then hit 15 per cent in 1990. The research, from accountancy firm Deloitte, shows the proportion of the cost of a new car’s electronic systems was as high as 22 per cent in the year 2000, when airbags, anti-lock brakes and electronic stability programmes became increasingly standard.
In 2010, electronics accounted for 35 per cent of the cost of a new car, with advanced driver assistance and infotainment systems having been developed. Now, in 2020, the figure sits at around 40 per cent, and is only set to carry on climbing.
Deloitte projects that by 2030, electronics could make up between 45 and 50 per cent of a new car’s value, with the report’s authors predicting: “Consumption of automotive electronic components for safety, infotainment, navigation and fuel efficiency will increase for years to come due to ever-more electronic components being applied in advanced safety features added to vehicles.”
Check out these new cars due in 2020...
The Aston Martin Vantage has lost its roof and none of its potency in Roadster guise.
BMW’s first all-electric SUV is the iX3 and it promises 273 miles of range from a 282bhp motor.
Mercedes claims its new electric luxury passenger van can cover 250 miles on a single charge. And, with a rapid-charging function, the EQV can reach 62 miles of range in just 15 minutes.
Toyota will be expecting much praise for this inspired hot hatch developed by the team responsible for the manufacturer’s World Rally Championship cars. With a three-door body, a bespoke suspension set-up, clever four-wheel-drive system and a 257bhp 1.6-l
Mercedes’ most luxurious SUV uses a turbocharged 4.0-litre V8 and 48-volt hybrid system, with lots of customisation options
The S-Class luxury limo will be available with a familiar exterior design, but lots of new on-board tech - including a Tesla-style screen on the centre console.
Yes, there’s still the famous ash-wood frame, but the Plus Four is built on a new bonded-aluminium platform and is powered by a BMW-sourced, 255bhp four-cylinder 2.0-litre petrol engine.
Like night follows day, the new BMW 3 Series will be followed by a searing hot M3 version. We’re expecting 510bhp from the twin-turbo straight-six.
With new hybrid engine tech and a host of safety features, the tardis-like Honda Jazz just got a bit smarter.
Rugged 4x4 looks, matched with the latest EV technology, Jeep will be hoping for big things from its all-wheel drive Renegade PHEV
Continue reading...