India, Feb. 28 -- The automotive industry is undergoing a profound transformation driven by the megatrends of electrification and digitalization. Semiconductor companies like STMicroelectronics are at the center of this transformation, with electronics playing an increasing role in shaping the future of connected, automated electric vehicles (EVs).

Electrification and digitalization are redefining car architectures and key subsystems. The development of new electrical and electronic (E/E) systems and software-defined vehicles (SDVs) presents an exciting market with tremendous growth opportunities for semiconductor manufacturers.

A notable indicator of the growth potential is the increasing value of C in vehicles. Current forecasts see t...