The pace of growth and adoption of electric vehicles is undeniable. New models and technologies are launched with regularity and players outside the automotive segment are dabbling in meaningful, game changing ways. But how has the shift happened so quickly, particularly against a backdrop of otherwise challenging socio-economic difficulties globally?
Do consumers really want a car that can be driven one-million miles? Far from fiction, next-generation vehicles sporting million-mile warranties will become a reality sooner than later, thanks to the undisputed rise in electric vehicles (EVs). By design, these cars are built more simply, with significantly fewer moving parts.