Statifacts

Shift to Software Defined Vehicles by 2030

27 May 2025

Software Defined Vehicles

As per a report by Deloitte, there is a marked shift to software defined vehicles expected to be propelled by advances in automotive engineering, decoupling software from hardware to allow continuous, over-the-air(OTA) updates, rapid feature deployment, and more flexible. Unlike traditional vehicles where functionally is largely fixed at the factory, these vehicles behave more like smartphones on wheels, with a centralised computing platform that can help run modular software and enhance after the post-sale.  By embracing software defined vehicles, automakers and suppliers are redefining mobility as an ongoing digital service rather than a one-time hardware purchase and which is a new business model with enhanced user experience and a safer and more connected driving future.

Estimated EV Market Share in 2030 (%)

  • China controls a significant portion of the EV market and the automotive market, as in 2024, China produced and sold approximately 12.87 million passenger EVs, representing about 58% of global production, and then comes the USA with the second most market share for the EV market.
  • BYD, the leading Chinese company in the automotive sector, is set to launch the Sealion 7, a premium coupe-style electric SUV, in India by March 2025. Chinese automaker BYD surged ahead, with BYD surpassing Tesla as the world's largest EV manufacturer in late 2023. Chinese brands now account for about half of all EVs sold globally, leveraging cost advantage and advance technologies.
  • Automakers are using advance supply chain technologies such as AI, cloud computing, IoT, and blockchain are being implemented to enhance real-time tracking, predictive maintenance, and inventory management. AI integration is becoming central to vehicle development, enhancing autonomous driving capabilities and personalized user experiences.
  • Elon Musk, the CEO of Tesla considers 2025 to be a pivotal year as he anticipates significant advancements in autonomous AI, including including humanoid robots and fully self-driving cars despite a 13% year-over-year decline in first quarter 2025 deliveries and has pledged to double U.S vehicles production rates over the next tow years as per Business Insider.

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