1. Introduction

The emergence of electric automobiles is one of the biggest developments in recent years. Compared to conventional gasoline-powered vehicles, electric vehicles (EVs) are cleaner and more environmentally friendly. They help fight climate change and reduce air pollution since they have zero tailpipe emissions. The range of EVs has expanded due to the development of sophisticated battery technology, making them a practical choice for daily use. Furthermore, EVs are now more convenient and available to the general public thanks to the addition of regenerative braking technology and enhanced charging infrastructure [1]. The rapid advancement of vehicles in recent years has altered the car business, delivering critical enhancements in innovation, supportability, and client experience. Autonomous driving technology is paving the way for safer, self-navigating automobiles, and innovations in EVs have resulted in transportation options that are both more environmentally friendly and more efficient. Vehicles are becoming smarter and more interactive as a result of connectivity enhancements like the integration of the Internet of Things (IoT) and vehicle-to-everything (V2X) communication. Furthermore, advancements in elective energizers, for example, hydrogen power devices, and the utilization of lightweight, reasonable materials in assembly are driving the business towards a greener future. These developments not only make vehicles safer and more efficient, but they also make a big difference in how much they hurt the environment, which is unacceptable for the people. This means that the future of transportation will be more connected and sustainable. The automotive industry is in the midst of a revolutionary transformation, driven by advancements in technology, shifts in consumer expectations, and the global push towards sustainability. Prototypes of automobiles, which are frequently seen as the pioneers of innovation, are essential to this change. These innovative prototypes are concrete representations of the mobility of the future rather than just abstract ideas. This article examines the most recent advancements in automobile prototypes, emphasizing their importance, technological advancements, and the potential effects they will have on the sector [2].

Figure 1: The sales trend of electric vehicle [3]

Figure 1 is the sales trend of electric vehicle from 2021 to 2023. It can be understood that with the rapid advancement of vehicles in recent years, the sales of electric vehicles increase and promote greatly from 2021 to 2023.

Studying the trends of vehicles is crucial for shaping a sustainable and efficient future. By understanding these trends, people can anticipate and address the evolving needs of transportation, ensuring that future vehicles meet the demands of safety, efficiency, and environmental sustainability. Insights from these studies guide the development of innovative technologies, such as electric and autonomous vehicles, which promise to reduce carbon emissions and traffic accidents while enhancing mobility and convenience.

This paper mainly discusses the causes of rapid advancement of vehicles, also talks about the development of AI, the importance of V2X, and some information about finance. Why do these reasons cause the development of vehicles and improve the sales on that.

2. The rapid advancement of vehicles in recent years and what causes the trend

The rapid advancement of vehicles is driven by a mix of mechanical development, shopper interest, and administrative tensions. Progresses in advanced innovation, for example, computerized reasoning, AI, and availability, have caused and related to the improvement of modern auto frameworks, including independent driving. Purchaser interest in more secure, productive, and harmless vehicles for the ecosystem pushes makers to advance and further develop their contributions. The combination of these elements establishes a serious climate where ceaseless improvement is fundamental and basic, which is prompting the fast and huge progressions we find in current vehicles. In recent decades, the automotive industry has seen a significant shift, with emerging technological trends altering the delivery of value to customers. The automotive sector is undergoing tremendous transformation, with innovations and technologies poised to revolutionize transportation methods. The future of the automobile sector promises significant advancements, ranging from electric cars to autonomous vehicles [4]. Overall, these factors result in significant advancements in vehicle technology and design, which setting high standards for what consumers expect from their transportation solutions. As these trends continue to grow, they are likely to further shape the future of the automotive industry.

2.1. Development of AI

Artificial Intelligence is a technology that is revolutionizing all aspects of life, despite its general lack of familiarity. It is a versatile tool that helps individuals to reconsider how we combine data, evaluate information, and apply the insights that are obtained to make better decisions. We hope that this thorough analysis will help policymakers, opinion leaders, and interested observers understand artificial intelligence (AI) and show how it is already changing the world and posing significant issues for governance, the economy, and society [5]. The improvement of AI includes an orderly interaction that begins with characterizing the issue and surveying its plausibility. The collection, cleaning, and labeling of data to guarantee its quality are all part of the next step, which is data collection and preparation. Exploratory information investigation follows, where information is investigated and includes are designed to improve model execution. Model determination includes picking the suitable calculations and fostering a gauge model. This is tracked by model preparation, where the artificial intelligence gains from the information, and hyperparameter tuning to streamline its presentation. The creation of AI systems that are ethical, efficient, and robust is guaranteed by this structured approach. Furthermore, AI is being used in strategic planning and decision-making processes, recognizing business prospects and anticipating trends. However, ethical issues must be considered. Smaller AI models are becoming popular due to privacy and security concerns. Companies are investing in generative AI, particularly in human resources and customer service. Innovations like Direct Preference Optimization simplify AI model alignment with human preferences. Over all, AI includes pattern recognition, decision-making, language understanding, and problem-solving. It operates via algorithms and models that analyze data, make predictions, and continuously improve from experience. It enhances efficiency and automation across various sectors. It enhances decision-making by processing amounts of data, spurs innovation in critical areas such as healthcare and environmental management, increases accessibility for people with disabilities through technologies like voice recognition, and drives economic growth by boosting productivity and fostering new industries. So, AI becomes more embedded in daily life and business, and its responsible management is crucial to address potential ethical and social challenges.

2.2. The importance of V2X in vehicles

V2X allows vehicles to communicate with each other, with other categories of road users and with infrastructure and the broader network. The intent is to improve road safety, increase traffic efficiency and save energy by enabling real-time data exchange and communication among all road users. Vehicles can share information on their speed, position and direction with other vehicles and infrastructure elements. The technology helps vehicles avoid collisions even when the extent of the risk is not immediately or readily apparent [6].

Vehicle-to-Everything (V2X) communication enhances safety, efficiency, and functionality in transportation systems by facilitating real-time information exchange between vehicles and infrastructure. It reduces accident risk, improves traffic flow, and supports autonomous driving by providing essential data for safe navigation. V2X also reduces congestion and emissions. Intersection control is one of the many control algorithms made possible by the quick development of vehicle-to-vehicle and vehicle-to-infrastructure communication. With the goal of increasing throughput and enhancing traffic safety, a number of academics have put forth communication-based junction control algorithms that do not require conventional traffic lights. However, most of these algorithms disregard new threat routes that are opened by connected traffic, as well as the uncertainties and delays of communication. In order to demonstrate how sensitive various autonomous intersection control algorithms—both centralized and decentralized—are to communication-related flaws, the current study uses an extremely comprehensive simulation of vehicular communication [7].

Overall, V2X communication is a cornerstone of the future of transportation, promising safer roads, smoother traffic, and a more connected driving experience. The primary goal of V2X technology is to increase safety on roads. This is highly reliable communication that can help vehicles avoid accidents. It is also in order to reduce traffic congestion and emissions, thereby increasing the overall efficiency of road transport and contributing to environmental sustainability. It really helps society grow. V2X technology provides real-time information about road users and cars, averting accidents and improving traffic flow. It enables self-driving cars to safely interact with human-driven vehicles, navigate complex urban areas, and make better decisions. V2X is essential for smart city efforts, facilitating effective urban planning, public safety, and managing mobility. However, it has drawbacks like standardized communication protocols, expensive infrastructure, and potential privacy and security issues. To ensure widespread use, it is crucial to ensure secure communication and interaction between devices. Notwithstanding its benefits, V2X technology has drawbacks, including the requirement for standardized communication protocols, expensive infrastructure expenditures, and possible privacy and security issues. For V2X to be widely used and effective, it must be ensured that diverse devices can communicate securely and interact with one another.

3. The causes of vehicles sales improving greatly in recent years

In recent years, vehicle sales have improved significantly due to a combination of factors. Economic growth has led to increased consumer spending power, making it easier for individuals to afford new vehicles. Advances in automotive technology and AI, such as electric vehicles (EVs) and advanced driver-assistance systems (ADAS), have attracted a tech-savvy market eager for the latest innovations. Additionally, favorable financing options and lower interest rates have made vehicle purchases more accessible. The rise of ride-sharing and delivery services has also boosted demand for both personal and commercial vehicles. Furthermore, government incentives for green vehicles have spurred sales of EVs and hybrids. Industry projections suggest that U.S. automotive sales in the previous year were between 13.7 and 13.9 million units, representing an 8% to 9% decrease compared to 2021, the lowest levels recorded since 2011. The sales outcomes varied among manufacturers due to disruptions in the supply chain, with the majority of automakers, with the exception of General Motors (which experienced a 2.5% increase), reporting declines. Ford, Hyundai, and Kia saw modest single-digit reductions, while Toyota's sales dropped by 9.6%. Stellantis, Nissan, and Honda encountered more significant declines of 13%, 25%, and 29.4%, respectively. In spite of concerns regarding a recession and increasing interest rates, executives within the automotive sector maintain a cautiously optimistic outlook for a potential sales recovery in 2023[8]. These elements, coupled with aggressive marketing and expanding dealership networks, have contributed to the notable surge in vehicle sales. The transition to increasingly sophisticated automotive technologies, such as connected cars and automated driving capabilities, has caught consumers' attention. New model releases and technological advancements in electric car design have maintained the market competitive and drawn in both new and prospective customers. The expansion of electric mobility is poised to significantly impact automotive dealerships, influencing nearly every facet of their operations. Electric vehicles (EVs) generally possess fewer mechanical components prone to failure, which carries important ramifications for post-sale service offerings. To assist U.S. dealerships in adapting to this impending transformation, we evaluate the current preparedness for EV sales across six critical dimensions, while providing a comprehensive analysis of the U.S. EV market [9].

4. Conclusion

Analyzing vehicle trends helps policymakers and urban planners design better infrastructure, optimizing traffic flow and reducing congestion in rapidly growing cities. AI is strong enough now and can really help the growing of vehicles or anything around the world. It is always important to analyzing vehicle trends because it is as same as that we can analyze our future trends. In essence, comprehending vehicle trends is key to crafting a future where transportation is safer, greener, and more accessible for everyone. With the increasing focus on sustainability, trend analysis highlights the importance of electric and hybrid vehicles and also the fuel efficiency standards. This allows the automakers to align with the government regulations and the consumers’ preferences for vehicles. It helps to reduce carbon emissions. Furthermore, for creating a future that is both efficient and sustainable, it is essential to research vehicle trends. People can anticipate and address the changing requirements of transportation by comprehending these trends, ensuring that future vehicles meet safety, efficiency, and environmental sustainability requirements. The automotive industry has entered a new era marked by significant technological advancements and a shift toward sustainability due to the rapid development of automobiles. They are essential components of a smarter, more sustainable world. Future advancements in automotive technology are designed to improve the driving experience in various aspects, ultimately resulting in a safer, more efficient, and more pleasurable form of transportation. Currently, driving can be a challenging endeavor for numerous individuals. The technology and infrastructure necessary to transfer the responsibility from human operators to autonomous vehicles on public roads is a significant undertaking. The potential consequences of this transition are extensive [10].