What’s in Store for the Automotive Industry in 2022?

January 25th, 2022 by

Ever since Henry Ford revolutionized the automotive industry, vehicle production has come a long way.

Cars have evolved from simple transportation means and luxury products into a necessity for everyone. Smoother mobility and increased technology have allowed all types of vehicles to be produced.

It is the start of a new year. What’s in store for the automotive industry in 2022? What changes or features are expected in the near future?

Be Prepared to See More EV’s On The Road

Companies like Tesla have demonstrated that electric vehicles are more than capable of substituting traditional cars.

Whatsmore, rising fuel prices, low cost of ownership of zero-emission vehicles, reducing battery selling prices, and people’s growing concern for the environment have aided the sales and production of electric cars.

Apart from pioneers and dedicated electric vehicle producers like Tesla, most veteran players in the vehicle market like Ford and Nissan are launching their EV counterattack with a range of electric cars, trucks and SUVs.

Following this trend, electric vehicle sales may outperform their traditional gas-powered counterparts by the end of the decade. By the end of 2022 and the start of 2023, you can expect more electric vehicles to be launched.

Self Driving Cars Are Expected To Increase

If electric cars are coming strong in the industry, you can be sure that the autonomous vehicle features will continue to be prevalent in most new models.

Self-driving technology is finding its way into the most essential features in the auto industry. Expecting a significant improvement in the technology itself and several autonomous vehicles revealed next year is a no-brainer.

Whatsmore, this improvement in technology needs to be updated and improved constantly to appeal to self-driving cars to younger buyers.

Features On Features

Modern vehicles come with a variety of features installed. While some may have been a luxury in previous years, even mass-market models come loaded with driving aid systems.

Some higher-value features like streaming video and Wi-Fi access might become more accessible and less expensive to install due to technology becoming more widespread and available.

Things are becoming more mainstream, you even have in-car infotainment systems capable of delivering gaming experiences. Vehicle manufacturers will increase the number of features to distinguish themselves even more from the competition.

Get Better Deals At House Of Cars

With a new year come new models, and with new models come better deals and prices for their previous incarnations. This is mainly due to the selling of the previous version in exchange for the updated one.

This means that there will be a plethora of used vehicles with little ownership that are looking for a new driver. If you are looking for an opportunity to drive a modern vehicle and save a lot of money, be sure to check out car dealerships near you.

If you live in the Lethbridge area, be sure to check out the used vehicles for sale at House of Cars Lethbridge! We have a variety of vehicles available and the best financial deals amongst the dealerships in Lethbridge.

When you partner with us, you’ll leave the dealership with a car that speaks to you and a financial deal that gives you peace of mind. That way, you can drive easy knowing that your new set of wheels did not break your bank.

Click here to get in touch with us!

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