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eBook: Automating for Growth: Incentivising EV Production

March 22, 2024
Software-defined design is an undeniable disruptor in global automotive trends. Countless use cases show how top carmakers are harnessing the potent power of connected car platforms to redefine and enrich their automotive value propositions with connected solutions.

The possibilities for ACES (autonomous driving, connectivity, electrification and shared mobility) technologies are endless, ranging from monitoring functional capabilities of the electric powertrain to improving lifecycle management and fostering agile aftermarket services. 

As Dick Slansky, senior analyst at ARC Advisory Group, noted, “The automotive industry is meeting the challenge to design and manufacture the next generation of EVs by embracing emerging the science and technology of AI and AM along with implementation of the digital twin to meet these challenges.” 

By the same token, the shift from legacy electromechanical practices to information-centered, electrical- and electronic-component architecture is inextricably linked to battery production ambitions. The past few years have seen OEMs of electric vehicles—including Tesla, Toyota and Ford—increase investments for in-house battery production. Viewed as a vertical integration strategy, the move could help defray manufacturing costs and, depending on pass-along options, some analysts have noted the possibility of driving down prices for consumers. (Fingers crossed!)

The road to wholesale vehicle electrification is paved with a confluence of dynamics. In the U.S., for example, stringent regulatory pressures (the Inflation Reduction Act and implementation of strict emission targets), combined with the technology advancements and stated commitments of OEMs across the global ecosystem, are having catalyzing effects on cycle plans and timing. 

But if it still rings true that setting targets for cleaner energy and zero-emission solutions are more easily said than done, then the solutions presented by contributors in this eBook will show that the thrust is squarely on the side of achievement.

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