Automakers forecast to earn tenfold more revenue from digital services

Mercedes EQE automated valet parking 2023 — Seven Mercedes-Benz models have the capability to park themselves, including the full-electric EQE (shown). Automated valet parking is one of the potential revenue generators for automakers shifting to software-defined vehicles.

February 01, 2024 04:56 AM

Automakers can expect additional revenue from digitally enabled services to rise tenfold within the next two decades, experts say.

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