Quantcast
Jump to content

THE FUTURE OF MOBILITY


Recommended Posts

Future-Mobility_01-1100x1028.jpg

The mobility landscape has been completely reshaped over the last few years with landmark achievements being made in electrification, connectivity and autonomous driving.1 With next-generation electric vehicles and intelligent driving fast approaching, LG Electronics also has been hard at work developing future-enabling technologies to accelerate the electric vehicle industry to the next level.

Below, we take a look at some of those trends and LG’s response to them.

Future-Mobility_02-600x544.jpg

Telematics, or vehicle connectivity, is poised to explode on the back of 5G and advanced vehicle-to-everything (V2X) technology, the system that transmits information at high speed via high-bandwidth, low-latency connection. LG’s In-Vehicle Infotainment (IVI) system, which leverages the combined strengths of webOS Auto and Microsoft Connected Vehicle Platform (MCVP), can collect and transmit a wide variety of information such as driver status, door status and app usage seamlessly.

Future-Mobility_03-1100x1467.jpg

LG Electronics is dedicated to developing highly competitive infotainment innovations including AVN, display systems, telematics and monitoring systems that account for more than 50 percent of the company’s total sales.

Infotainment systems provide drivers and passengers with helpful information, such as directions and weather forecasts, on top of in-vehicle entertainment that lets them listen to podcasts, make hands-free calls and check messages. The fast-growing global vehicle infotainment market is projected to increase from USD 24.3 billion in 2019 to USD 54.8 billion in 2027 (CAGR of 10.7 percent).2 And with the increase in demand for more safety and security solutions, in-vehicle communication features and technologies will only become more important.

Future-Mobility_04-1100x1379.jpg

According to the Boston Consulting Group, the market for partially and fully autonomous cars will make up approximately 25 percent of new-vehicle sales by 2035.3 With the advancement in self-driving vehicles, one of the biggest concerns for car companies is safety which may explain why the global driving assist market is expected to grow from USD 1.9 billion in 2019 to USD 10.7 billion in 2027 (CAGR of 23.9 percent).4

LG Electronics is also actively developing components for driver assistance, such as the LG-designed ADAS (Advanced Driver Assistance Systems) which utilizes a front camera to collect traffic information so drivers can make better decisions and roads can be made safer. ADAS can also recognize and respond to surrounding environments – even through busy intersections.

Future-Mobility_05_v2-1100x1290.jpg

According to IHS Markit, global sales of electric vehicles hit 10 million units in 2020 and is expected to exceed 20 million units in 2022 and 40 million vehicles in 2025. Along with the growth of electric vehicles, relevant components such as motors and inverters are naturally expected to grow as well.

LG Electronics is working closely with Magna to develop cutting-edge technologies for components of electric vehicles. Under a new joint venture to launch next month, LG Magna e-Powertrain will produce EV components that benefit from Magna’s strength in electric powertrain systems and world-class automotive manufacturing as well as LG’s expertise in developing components for e-motors and inverters.

Future-Mobility_06-1100x1388.jpg

To respond to the rapidly changing automotive industry, LG is pursuing a strategy of strategic alliances and partnerships to develop industry-leading innovations for global automakers. In addition to LG Magna e-Powertain, LG and Luxoft created Alluto to drive the commercialization of production-ready digital cockpit, infotainment and ride-hailing systems based on LG’s webOS Auto platform. And in 2018, LG brought on board leading automotive lighting and headlight systems provider ZKW Group in a deal worth more than EUR 1.1 billion.

With vehicles of tomorrow just a few years away from becoming commonplace, LG is well positioned to be a leading provider of technologies for future mobility.

# # #

1

link hidden, please login to view

2
3
4

Link to comment
Share on other sites

  • Replies 0
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Popular Days

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Similar Topics

    • By Martindup
      When I open the DSTV Now app on my lg tv I get the error “We’re sorry Something went wrong. Please try again.” 
      I have re installed the app, checked for firmware updates and even reset TV but the error keeps on appearing. 
      Any suggestions on how to fix this? Is it a tv issue or is it the app which is faulty?

    • By News Reporter
      Organizational Moves to Consolidate Company’s Capabilities to Create
      Differentiated Customer Value, Accelerate Future Growth Engines

      SEOUL, Nov. 24, 2022 — LG Electronics (LG) today announced organizational changes designed to bolster its preparedness for the future. The changes are being implemented primarily to accelerate the company’s future growth engines and enhance its ability to create differentiated customer value and experiences.
      A key piece of LG’s forward-looking strategy is the establishment of the Corporate Customer Experience (CX) Center, which will report directly to LG’s headquarters. The CX Center will be led by executive vice president, Lee Chul-bae, who previously served as head of the Corporate Design Management Center. The main role of the CX Center will be to create a seamless and expanded customer experience. It will also develop strategies and roadmaps to foster greater innovation at every stage of the customer experience journey from product planning and customer service to future business models.
      The CX Center will also encompass the CX Strategy Division, which will be charged with the discovery and promotion of company-wide goals and core tasks, and the LSR Customer Research Center, formerly the Life Soft Research (LSR) Lab.
      LG’s Platform Business Center will play a new role in integrating and organizing LG ThinQ services, responsibilities that were previously distributed across corporate and business headquarters. Established in July 2021, the Platform Business Center has been leading the creation of LG’s fandom based on data. Moving forward, the Center will be headed by LG’s vice president, Jung Ki-hyun, who joined the company in September this year. Jung has had a distinguished career with roles at eBay Korea and Google as well as acting as the CEO of Meta Korea.
      In 2023 and beyond, LG will continue to focus on improving supply chain management (SCM) and augmenting its already-strong Digital Transformation (DX) capabilities. To this end, the company’s Procurement and SCM Management Center has been renamed the Global Operation Center, with the functions and roles of the Production Planning Division transferred from the Production Engineering Research Institute. The Global Operation Center will create synergies across the company’s operations – such as production, purchasing and SCM – through promoting improvements based on DX technologies.
      Aiming to spur further growth through improved organizational performance, LG will strengthen its agile and responsive decision-making system across all four business units.
      Lyu Jae-cheol, head of the Home Appliance & Air Solution (H&A) Company, has been promoted to president in recognition of his success in improving H&A’s performance and product portfolio. An expert in his field, Lyu has worked in various areas of LG’s home appliance business since 1989, including in the R&D and production departments.
      Eun Seok-hyun, head of the Vehicle component Solutions (VS) Company, was promoted to vice president. Under his leadership, LG’s vehicle component solutions business has achieved operational stability with an improved profit and loss structure, and has constructed a strong business portfolio encompassing several key future mobility technologies.
      Another of the newly-announced changes, the H&A Company’s “Living Appliance Business’ and “Kitchen Appliance Business” will become the “Living Solution Business” and “Kitchen Solution Business,” respectively. The renaming aligns with LG’s renewed focus on customer experience innovation and points to the greater emphasis the company is placing on the expansion of content and services.
      The Home Entertainment (HE) Company is set to increase its capacity to create customer value by establishing the Indonesia Research and Development Division under the HE R&D Lab Institute to enhance collaboration between overseas R&D and manufacturing bases.
      The VS Company aims to strengthen its capabilities in purchasing, producing and SCM by establishing an operation group that manages the integrated operation of the electric vehicle component business.
      The Business Solutions (BS) Company set up a new EV Charger Business Division directly under the company to accelerate the full-fledged development of EV charging solution business that was launched last year.
      All appointments are effective Dec. 1 with promotions going into effect on the first day of the new year.
      # # #

      link hidden, please login to view
    • By News Reporter
      As the new era of driving closes in, automakers are focusing more on the in-vehicle experience during development, especially the automotive display – the best way to unlock greater productivity and entertainment on the road. In this episode of Mobility Inside, we’ll unearth how the automotive display trend is changing for the better.

      Automotive displays deliver useful information about interior and exterior conditions. They include the ‘Center Information Display’ (CID), which shows overall information, the ‘cluster,’ which displays the speedometer and engine status, and the ‘head-up display’ (HUD), which reflects information onto the windshield.
      As cars become more autonomous in many features and functions, automotive display trends reshape to match new consumer demands. So, what do these futuristic dashboards do exactly?
      Switching from one-way to two-way communication
        
      LG’s automotive display in the Cadillac Escalade
      In the past, cars would simply relay the traffic information necessary for driving via one-way communication. But as automotive displays advance, the driver, the vehicle and external devices are seamlessly exchanging more and more information.
      Take your navigation app as an example of this in action. After inputting your destination, the system calculates the optimal route and ranks alternate ones based on traffic, which the driver can choose between based on their preference. In addition to traffic information, the vehicle’s temperature and external environment can be expressed, and the most recent displays even support voice, facial and gesture recognition technologies. In other words, it’s the new medium between the driver, vehicle and external elements that enables constant communication.
      Going beyond basic traffic information

      Genesis Infotainment UX Design (Photo Credit: Genesis)
      In 2022, we’re spoilt by all the live information we can view as we cruise. And in the not-so-distant future, cars will automatically provide information tailored to the driver through personal profiles, which means it works for shared cars too.
      Cars will soon be able to identify the driver and passengers so that it can provide information based on their age or the time of day. For instance, someone on their way to the office could receive the latest business news, current road conditions or weather forecasts, whereas a high school student in uniform may be given info on popular textbooks, nearby restaurants or the week’s hottest songs. Like smartphones, automotive displays curate information, deliver smart experiences and even provide customized information on the go.
      Switching from analog to digital

      LG’s digital display on the 2020 Jaguar F-PACE (Photo Credit: Jaguar Korea)
      Since people process most external information visually, the latest automotive displays are digital to make checking information at a glance easier and have fewer physical buttons courtesy of a touch interface that ensures changing settings is safer and more convenient.
      Applying the high-end material to match
       
      LG automotive display in the 2021 Cadillac Escalade (Photo Credit: link hidden, please login to view)
      Automotive displays are quickly becoming the centerpiece of the interior, largely because they act as a personal hub for all information and devices. That’s why applying materials and form factors that meet the needs of discerning consumers is more important than ever. Automotive displays use premium, high-quality materials for the elegant look that’s now all the rage. And the future looks even more remarkable with unique form factors like Plastic OLED (POLED) and rollable displays making their way into several markets.
      Switching from general information to personalized information

      When connecting to external devices, the automotive display leverages connectivity services to open new possibilities. Unlike a decade ago when the driver had two choices – the navigation or the radio, automotive displays now offer convenient, personalized services that take convenience and entertainment to a whole new level.
      Occupants can connect a smartphone to check their schedule or work while on the move, listen to music based on their unique profile, find places close by or personalize their screen with a few touches of the display. With car displays becoming an indispensable part of the driving experience, their screens are getting bigger, curvier and more flexible so that they can show more information and help create the most luxurious interiors.
      CID: Connecting people to their car

      CID, the most famous among automotive displays, presents driving status info as well as entertainment to effectively serve as a Human Machine Interface (HMI). Located in the center of the vehicle, CID gives the driver and passenger access to a range of convenient features including audio, video, navigation, HVAC and Bluetooth controls, through an intuitive and simple user experience.
      LG Electronics (LG) Vehicle component Solutions (VS) Company makes certain its CID is the best by staying in close communication with global premium automakers, which is why it’s now featured in several iconic vehicles – and counting.
      The outstanding quality of LG’s CID has been certified by A-SPICE (Automotive Software Process Improvement and Capability dEtermination), an internationally-recognized quality certification model created by European automakers to evaluate the quality of software design, verification and management.
      LG’s CID acquired A-SPICE certifications in 2016, 2019 and 2021. Its most recent certification, A-SPICE Level 2 (2021), not only proves that LG’s development process meets international standards for quality control and monitoring, but it also recognizes the company’s unparalleled development capabilities.

      Moreover, LG received Excellent Vendor Awards in 2014, 2017 and 2020 for the 9.3-inch gapless curved CID used by the Renault Group, developed using proprietary technology to invent a smooth design that harmonized with the interior.
      LG’s CID was also awarded the Daimler Automotive Group’s Inspiration Award in 2020, the same year its revolutionary P-OLED cockpit was awarded the coveted GM Innovation Award at General Motors’ Annual Supplier of the Year Awards.

      LG will continue to innovate its mobility technologies as it strives to create an HMI that connects passengers to the automobiles of the future for that next-level driving experience.
      # # #

    • By News Reporter
      Company Discusses Latest Developments in Advanced Driver Assistance Systems
      and Autonomous Vehicle Technologies at Global Conference in Belgium

      SEOUL, Sep. 16, 2022 — LG Electronics (LG), a leader in the automotive components space, shared insights from its cutting-edge R&D work and introduced its latest in-vehicle solution at AutoSens Brussels this week. A global conference concerning Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicle (AV) technologies, AutoSens Brussels is held annually at the renowned Autoworld museum in the Belgian capital. 2022 marks the second year in a row that LG has been invited to present at the event.
      Continuing LG’s run of success, the company has been honored this year for its achievements in the Most Innovative In-Cabin Perception Application and Most Innovative Application or Deployment of Computer Vision categories. At last year’s AutoSens Awards, LG was recognized with the Gold award in the Hardware Development of the Year category.
      AutoSens Brussels is one of three major conferences organized by AutoSens, an international community of academics, engineers, scientists and auto-industry professionals formed in 2015 with a view to shaping the future of vehicle perception technologies. Moved to an online-only format due to the pandemic, the 2021 event saw LG and Mercedes-Benz jointly present their successful collaboration in ADAS camera technology.
      At this year’s conference – back at Autoworld, and returning to in-person attendance – LG introduced its latest cabin camera solutions and shared learnings from its prominent R&D program. During an informative panel discussion, Dr. Park Young-kyung, a Vision AI expert at LG, spoke about the company’s innovative cameras for vehicles; offering his insight on topics ranging from LG’s auto component product portfolio to its ongoing R&D work. To secure key technologies for the future, the company is applying advanced AI solutions to the cabin cameras that monitor inside the vehicle, responding to strengthened vehicle safety regulations and new demand for passenger convenience at the same time.
      LG’s cabin camera solutions have been successfully applied for both driver and passenger monitoring. And during his speech, Dr. Park shared the process of developing these integrated monitoring solutions, from the invention of new algorithms to the latest verification systems and camera management software that ensure its cameras are on the cutting edge of technology.
      “Continuous R&D is the key to LG’s ongoing success in the rapidly growing AV and ADAS solutions markets,” said Eun Seok-hyun, the president of LG Vehicle component Solutions (VS) Company. “We are honored to have been asked to present at AutoSens again this year and will continue to offer our insight and support to industry bodies and expert communities who share our vision of future mobility.”
      # # #

      link hidden, please login to view
    • By News Reporter
      Company Aims to Bring Greater Interconnectivity, Safety and Security to Customers
       
      SEOUL, Aug. 25, 2022 — LG Electronics (LG) has been named to the Board of Directors of the Home Connectivity Alliance (HCA), an organization dedicated to delivering better smart home experiences through open collaboration and innovation.
      Founded in 2022 and comprising a number of smart home solution manufacturers, the alliance aims to provide a safe, secure and interoperable connected home ecosystem. In addition to LG, its membership includes about 13 global brands including Samsung, Arçelik, Electrolux, Haier, GE Appliances and Trane Technologies. The alliance seeks to enable seamless compatibility of diverse devices and services from different brands through developing and implementing guidelines for Cloud-to-Cloud (C2C) interoperability.
      As a board member of the alliance, LG will soon bring its customers the convenience of being able to control and monitor other alliance members’ smart home solutions by using the LG ThinQ app.
      “We’re happy to have LG join our Board of the alliance. As the industry leader, LG understands that interoperability is essential to a truly seamless smart home experience and we are thrilled to have them join the alliance,” said Yoon Ho Choi, President of Home Connectivity Alliance. “Leveraging the collective insights and experiences of our global board members, we will continue to advance the evolution of the connected home and provide consumers with an easier, smarter way of living.”
      “We are very pleased to join the board of the Home Connectivity Alliance and excited to work with like-minded companies,” said Lyu Jae-cheol, president of the LG Electronics Home Appliance & Air Solution Company. “The decision to join is consistent with LG’s commitment to open innovation and collaboration, and commitment to provide consumers with more choice and greater convenience in their daily lives and drive the future of the connected home experience.”
      During IFA 2022 in September, LG and other alliance members exhibiting in Berlin will offer visitors a first look at the cross-brand interoperability of their latest smart home solutions.
      # # #

      link hidden, please login to view



×
×
  • Create New...