We know the song and dance. A new vehicle arrives, it undergoes some typically mild changes after a couple years and then a new generation arrives after five years or so. It’s basically how the modern car industry operates, because new and fresh cars sell. Future cars, however, may live a whole lot longer before they’re replaced outright.
That’s the consensus from analysts who spoke during the Society of Automotive Analysts webinar on Monday. WardsAuto reported on how things could shift in the years to come, especially as more electric cars hit the roads. Since EVs will, essentially, be immune to emissions regulations, there’s even less of an incentive for automakers to make big changes. Couple the zero-emissions powertrain with the emergence of over-the-air updates, and the idea of a 10-year vehicle life cycle doesn’t seem incredibly outrageous.