Distinctive high-end electric vehicles entice consumers seeking opulence
Implications - As the auto market moves closer to making electric vehicles accessible to the average consumer, many manufacturers are pairing ultra-luxurious EV concepts and bold contemporary designs. In addition to being a means of saving on fuel costs, such opulent electric vehicles provide high power while taking on the appearance of supercars. This shift speaks to the mainstream acceptance of fossil fuel scarcity and suggests that opulence is not mutually exclusive with conspicuous consumption.
Workshop Question - How can your business embrace the ethos of elevated-eco?
Trend Themes
1. Luxury Electric Vehicles - Electric vehicles are being designed to cater to the luxury segment of consumers desiring opulence along with high power.
2. Futuristic Concept Cars - Automakers are experimenting with cutting-edge designs and features, resulting in vehicles that reflect the future of the transportation industry.
3. Electric Super Cars - Automakers are producing high-performance electric cars, which offer speed and torque comparable to gasoline-powered vehicles.
Industry Implications
1. Automotive - Automotive industry professionals can take inspiration from these trends to innovate in design, technology and engineering of electric and hybrid cars.
2. Luxury Goods - Luxury brands can incorporate electric vehicle technology into their product offerings, creating high-end electric cars that appeal to their clientele's taste and preferences.
3. Gadgets and Consumer Electronics - CES and other electronics shows have become venues for automakers to showcase new electric and connected cars that incorporate cutting-edge consumer tech and features.
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Date Range:
Nov 15 — Feb 16
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