MG Motor India, Cisco IoT and UNLIMIT have joined forces to develop vehicles with connected mobility features, according to a report by PTI.
MG Motor India is a wholly-owned arm of China’s SAIC Motor Cisco IoT is connectivity management platform and UNLIMIT is a specialist IoT services provider.
The partnership with both tech giants involves incorporating tracking, security and navigation amongst many other features in MG Motor India vehicles, with an aim to offer a differentiated customer experience in the country. The automaker will be soon launching its first product a premium SUV in the next few months.
The company also released a white-paper on ‘Connected Mobility – Growing Possibilities in India’ in association with management consulting firm Arthur D Little. According to the report, currently, only 2 per cent of cars in the country are considered connected cars but demand for connected car services is expected to grow exponentially in India and mirror the global growth trends. Globally, the size of the connected mobility market is projected to grow to USD 175 billion by 2020, as against USD 44 billion in 2015.
Source: Press Trust of India