5G network and smart cars
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The 5G network provides fundamental tools in terms of automotive safety, the main elements associated with high reliability are: higher transmission capacity and lower latency. Thanks to this network, intelligent vehicles offer various solutions, ranging from entertainment, position sharing and yielding without the mediation of a traffic light, to critical elements such as braking systems and autonomous driving.
The 5G generation is expected to generate a worldwide economic value of 12.3 billion dollars by 2035, which represents an important field of action for investors.
On the other hand, the automotive industry is betting on the electric operation of autonomous vehicles, so that today, several examples of automated cars are electric and represent a trend in mobility for Smart Cities.
In this way, it is expected that the cars of the future will be autonomous and electric, driven by a growing technology. Undoubtedly, the mobility of the future also coexists with other technologies, such as artificial intelligence and the Internet of Things (IoT), in this way vehicles will be able to learn and predict the behavior of their users, all accompanied by the imperative environmental needs of our time.
Electric vehicle production
In the current context, the production of electric cars will cost less than internal combustion vehicles from 2025 according to Bloomberg New Energy Finance, so many nations will be migrating to this modality in their attempt to combat CO2 emissions.
Thus, it is estimated that autonomous and electric cars will represent 50% of new vehicle sales in the European Union by 2030 and 85% by 2035, coexisting with conventional cars, while by 2050 no one will be able to drive.
In the case of the United States, an electric transition date of 2050 has been considered in the fight against climate change. Sales of electric vehicles have rebounded 4% even with the SARS-CoV-2 pandemic, according to data from the United States-Mexico Foundation for Science (FUMEC).
As for Mexico, electric car sales went from 8,265 units in 2016 to 24,405 in 2020, which represents three times more in five years, reaching a market share of 2.6%, according to figures from the National Institute of Statistics and Geography (INEGI).
As can be seen, the production of electric vehicles is a segment with a lot of potential for investors, either with the expansion and strengthening of existing assemblers, the migration of automakers towards electrification trends, the landing of new companies and even with battery production plants.
Advantages and disadvantages of 5G technology
To think that the future is still far away is to forget that tomorrow is already the future, and we will be living it as soon as we open our eyes at dawn. In this path of technological advances, we went from having a truly pocket device that was used to make and receive calls from (almost) anywhere (1G), to being able to make up for that need by choosing to send a text message instead of calling (2G).
The importance of the 5G network
All the great technological changes in history did not remain stagnant or reserved in their respective areas of knowledge, but transcended and disrupted all aspects of life, profoundly transforming everyday social life.