Vehicle Technologies Driving the New Transportation Ecosystem
We are in the midst of the electric vehicle (EV) revolution, and the seeds of the EV economy are already sprouting before our very eyes. For example, automobile manufacturers are investing billions of dollars in EV technologies, and consumers are purchasing the current line of EVs.
For an industry that is still in its infancy, these and a great number of other factors are encouraging leading indicators.However, all emerging industries face difficulties and growing pains, including changing consumer behavior.
The EV industry’s and commercial fleets’ (which are also beginning their EV transition) growth paths are outlined in this paper.It also talks about the impact of 5G and how digital technologies are changing how people learn about and buy cars.