City
Epaper

Global connected car sales grew 12% in 2022, Volkswagen leads: Report

By IANS | Updated: April 26, 2023 20:09 IST

New Delhi, April 26 The global connected car sales grew 12 per cent (year-on-year) in 2022, with the ...

Open in App

New Delhi, April 26 The global connected car sales grew 12 per cent (year-on-year) in 2022, with the share of connected cars in the overall car sales exceeding 50 per cent, a new report has shown.

Volkswagen Group led in connected car sales, closely followed by Toyota Group, according to Counterpoint Research.

The US remained the strongest market for connected cars, followed by China and Europe. In 2022, these three markets accounted for nearly 80 per cent of the total connected car sales globally.

Despite having a small share of connected car sales, Japan saw the highest growth in connected car penetration.

"With consumers' focus shifting to connectivity in the car, non-connected car shipments are steadily declining. The top five automotive groups accounted for nearly half of the connected cars sold in 2022. Volkswagen Group led the charts in terms of connected car sales volume, closely followed by Toyota Group. Tesla broke into the top 10 for the first time," said Research Analyst Abhilash Gupta.

Moreover, the report said that 4G cars captured more than 95 per cent of connected car sales in 2022.

Elon Musk-run Tesla broke into the top-10 connected car sales rankings for the first time.

"Currently, 4G dominates the connected car market with almost 95 per cent share. But as the automotive market is transitioning towards electrification, software-defined vehicles and autonomy, the need for seamless and faster in-vehicle connectivity will be fulfilled through 5G," said Senior Analyst Soumen Mandal.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Toyota GroupusNew DelhiVolkswagen GroupThe new delhi municipal councilDelhi south-westNew-delhiNew delhi municipal committeeSouth zone committeeDelhi municipal house
Open in App

Related Stories

EntertainmentAjith Kumar Injured in Fan Frenzy After Padma Bhushan Award Ceremony, Actor Hospitalized In Chennai

InternationalColorado Nightclub Raid: Over 100 Illegal Immigrants Detain at Underground Nightclub in US; Video Surfaces

MaharashtraOver 10,000 Pakistani Nationals Traced in Maharashtra and Delhi Post-Palgham Terror Attack

BusinessGlobal Tech Firms Eye India for Manufacturing Amid US-China Tensions

InternationalIllinois Plane Crash: 4 Killed After Cessna C180G Aircraft Goes Down After Hitting Power Lines in Trilla

Technology Realted Stories

TechnologyTechnology means only Narendra Modi ji, says Chandrababu Naidu

TechnologyIndia, Denmark sign pact to accelerate drive for clean energy

TechnologySwiggy shares hit 52-week low, fall over 43 pc this year

TechnologyLearnt a lot from Naidu's technology initiatives as Gujarat CM, says PM Modi

TechnologyProviding elderlies dignity in old age collective responsibility of nation: President Murmu