View source for VW apos;s Hitzinger Says Complexity Of New Cars To Drive Consolidation

<br>FRANKFURT, Dec 2 (Reuters) - The auto industry faces a new wave of consolidation as cars become electric,  [https://www.kynghidongduong.vn/tours/tour-du-lich-le-hoi-yen-tu-chua-ba-vang-quang-ninh-du-lich-yen-tu-tu-ha-noi.html tour chùa yên tử] connected and add highly automated driving functions, Alexander Hitzinger, head of Volkswagen's Project Artemis said on Wednesday.<br> <br>"There will be consolidation. Not everybody will be able to afford these complex platforms. We will see emerging a smaller number of very large players who will drive this transformation," Hitzinger told the FT's Future of the Car summit.<br> <br>The need to connect autonomous driving sensors to electric motors, batteries and high-definition maps is forcing carmakers to design vehicle underpinnings and  [https://www.kynghidongduong.vn/tours/tour-du-lich-le-hoi-yen-tu-chua-ba-vang-quang-ninh-du-lich-yen-tu-tu-ha-noi.html tour yên tử ba vàng] car software operating systems in house rather than stitching together legacy code and [http://www.twitpic.com/tag/systems systems] provided by a myriad of suppliers.<br> <br>Project Artemis is VW's attempt to do just that.<br> <br>"Cars are so complex that the traditional concept where you outsource to tier one manufacturers does not work any more," Hitzinger explained in a Webcast.<br> <br>The [https://www.gov.uk/search?q=investment%20sums investment sums] and the complexity of the technology favours larger players since falling sales, caused by the COVID-19 pandemic, is making it harder for smaller companies to stem the investments needed to develop cutting edge cars, he said.<br><br>(Reporting by Edward Taylor; Editing by Mark Potter)<br>