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* Date : 2017-02-17

Future Cars: Innovation in the Car Industry
The automobile market is changing rapidly. Amid the 4th industrial revolution, the application of ICT technology to cars is becoming a reality. Future cars can be categorized as autonomous cars capable of unmanned operation, connected cars that act as computers, and electric-cars employing eco-friendly energy.
The global car market currently amounts to approximately 2.6 trillion dollars. When the era of future cars arrives in earnest, related markets such as the insurance, car-sharing service and technological sectors are expected to grow quickly in tandem. Global corporations have long since launched efforts to secure a competitive edge in future cars. From carmakers like BMW and Ford to IT companies like Google, Apple and Alibaba, widespread collaborative efforts are being aimed at developing future cars. Korea, where cars account for 12.73% of the manufacturing sector, has also joined the competition for profits through technical development. Arirang TV’s [Bizline] reports on development trends and future directions for future cars.

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