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Sponsored: Five ways technology is transforming the automotive industry

E&T

Traditional original equipment manufacturers (OEMs) and start-ups have invested more than $280 billion in innovative software and hardware solutions since 2010, said McKinsey. The secret ingredient is automation. In about eight to 10 years, all cars will be EVs in some regions , he explained.

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Investment Trends in Decarbonization

Frost & Sullivan Manufacturing

C requires a reduction of CO2 emissions by 45% from 2010 levels by 2030. [3] Petrochemicals · Sustainable and energy-efficient equipment (e.g. The Intergovernmental Panel on Climate Change (IPCC) has estimated that limiting global average temperature increases to 1.5°C million tonnes per year by 2045.