Dylan Khoo

Dylan Khoo, Smart Mobility & Automotive Analyst at ABI Research, commented on the matter: “Vehicle recalls due to faulty software are becoming more common as software grows in complexity and becomes more deeply integrated into safety-critical functions. In 2022, nearly 10 million cars were recalled in the United States due to software-related issues, with nearly half of these requiring the software to be updated by a car dealer. These recalls will continue to become more prevalent as cars transition toward software-defined vehicles (SDVs), so the capability to remotely repair faulty software without the cost or inconvenience to the customer of in-person updates will be essential for OEMs.”

Interview with Dylan Khoo

ABI Research predicts that by 2028 U.S. automakers will shift to over-the-air (OTA) recall remedies to save $1.5 billion a year. According to the global technology intelligence firm’s latest research, performing software updates in person costs OEMs $500 million annually. “Vehicle recalls due to faulty software are becoming more common as software grows in complexity and becomes more deeply integrated into safety-critical functions,” said Dylan Khoo, ABI Research smart mobility & automotive analyst. “In 2022, nearly 10 million cars were recalled in the United States due to software-related issues, with nearly half of these requiring the software to be updated by a car dealer. These recalls will continue to become more prevalent as cars transition toward software-defined vehicles (SDVs), so the capability to remotely repair faulty software without the cost or inconvenience to the customer of in-person updates will be essential for OEMs.”

A new report from ABI Research found that, by 2028, automakers in the United States will use Over-the-Air (OTA) updates to remotely implement fixes to recalled vehicles, saving them US$1.5 billion in the process. According to the firm, OEMs currently spend half a billion dollars annually to perform these software updates in-person. Doing them through OTA capabilities would be cheaper and likely faster. “Vehicle recalls due to faulty software are becoming more common as software grows in complexity and becomes more deeply integrated into safety-critical functions,” said Dylan Khoo, Smart Mobility & Automotive Analyst at ABI Research, in a statement.

Tesla and other automakers that use Over-the-Air updates to update and improve their vehicles and even solve recalls are expected to save roughly $1.5 billion by 2028, new research from global technology intelligence firm ABI states. ABI recognized Tesla as the “leader in this space” and notes that the company “has never required an in-person software update” to solve a vehicle recall. Tesla has routinely fixed issues with its cars, remedying everything from faulty rear-view cameras to tail light issues, with OTA updates that are downloadable with an internet connection and applied, in some instances, while drivers are asleep.

By 2028, automakers in the United States will use Over-the-Air (OTA) update capabilities to save US$1.5 billion by remotely implementing fixes to product recalls. According to global technology intelligence firm ABI Research, performing these legally required software updates in-person costs OEMs half a billion dollars annually. Vehicle recalls due to faulty software are becoming more common as software grows in complexity and becomes more deeply integrated into safety-critical functions. In 2022, nearly 10 million cars were recalled in the United States due to software-related issues, with nearly half of these requiring the software to be updated by a car dealer. These recalls will continue to become more prevalent as cars transition toward software-defined vehicles (SDVs), so the capability to remotely repair faulty software without the cost or inconvenience to the customer of in-person updates will be essential for OEMs. —Dylan Khoo, Smart Mobility & Automotive Analyst at ABI Research

OTA updates to save automation industry $US1.5 billion FacebookTwitterLinkedin By CIO Tech Team | May 4, 2023 The ability to remotely update faulty software in vehicles will be a key asset By 2028, automakers in the United States will use Over-the-Air (OTA) update capabilities to save $US1.5 billion by remotely implementing fixes to product recalls. According to global technology intelligence firm ABI Research, performing these legally required software updates in-person costs OEMs half a billion dollars annually. “Vehicle recalls due to faulty software are becoming more common as software grows in complexity and becomes more deeply integrated into safety-critical functions,” says Dylan Khoo, Smart Mobility & Automotive Analyst at ABI Research. “In 2022, nearly 10 million cars were recalled in the United States due to software-related issues, with nearly half of these requiring the software to be updated by a car dealer. These recalls will continue to become more prevalent as cars transition toward software-defined vehicles (SDVs), so the capability to remotely repair faulty software without the cost or inconvenience to the customer of in-person updates will be essential for OEMs.”

But Dylan Khoo, an analyst at tech intelligence firm ABI Research, previously told CNN that electric bikes and scooters use batteries which can be around 50 times larger than the one in a smartphone. “So when a fire does happen, it’s much more dangerous,” Khoo said. All lithium-ion batteries use flammable materials, and incidents are likely the result of “thermal runaway,” a chain reaction which can lead to a fire or catastrophic explosion, according to Khoo. “This process can be triggered by a battery overheating, being punctured, or an electrical fault like a short circuit,” Khoo said. “In cases where fires occur spontaneously while charging, it is likely due to manufacturing defects.”

To help governments and industry in achieving these goals, ABI Research has launched a new Electric Vehicle research service to provide automotive industry players, innovators, and suppliers with actionable research and strategic guidance to tap into this rapidly expanding industry.

The road to future electric vehicle dominance faces many road bumps during the decade ahead, warns ABI Research. The industry is faced with numerous deadlines looming around the world to ban new sales of ICE vehicles. Forecasts have predicted up to 45 million EVs produced by 2030 and 71 million by 2035.

Dylan Khoo, an analyst at tech intelligence firm ABI Research, said electric bikes and scooters use batteries which can be around 50 times larger than the one in a smartphone. “So when a fire does happen, it’s much more dangerous,” Khoo said. All lithium-ion batteries use flammable materials, and incidents such as the one in the Bronx are likely the result of “thermal runaway,” a chain reaction which can lead to a fire or catastrophic explosion, according to Khoo. “This process can be triggered by a battery overheating, being punctured, or an electrical fault like a short circuit,” Khoo said. “In cases where fires occur spontaneously while charging, it is likely due to manufacturing defects.”