![]() ![]() More and more people are looking into different forms of mobility to move them around their cities, and to commute from their homes to work. It hasn’t been easy.īesides PR difficulties, we see that their often younger customers don’t see owning a car as a necessity any longer. Whether it was a decline in profitability, people being laid off, OEM’s moving their factories abroad into other countries providing cheap labor, or the much-dreaded diesel emission scandals in Europe. ![]() Vehicle manufacturers have been busier trying to stay out of the news than concentrating on development, due to most newsworthy items containing information they’d rather not have in the open. But in the last couple of years a shift has occurred. It didn’t seem to matter if the vehicles were produced in Asia, Europe or the US, there was a customer for every type of car. The automotive sector has had decades of good years behind them where it seemed that all brands were able to grow their revenue with double digits with every passing year. The automotive industry is facing monumental challenges in the coming years, and IOTA is busy solving some of these problems by becoming the bridge between blockchain technology and the automotive industry. ![]()
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