Given that we\u2019ve been using gasoline-fueled cars for a century, orchestrating this change is no small task. From convincing consumers and businesses to switch to e-vehicles to setting up supporting physical and digital infrastructure, there\u2019s a lot to do.<\/p>\n
Key enabling hardware technologies:<\/h3>\n\n- Electric powertrain technologies for battery electric vehicles (BEVs), hybrid e-vehicles, and soon fuel cell e-vehicles<\/li>\n
- Improved energy storage \u2014 home, commercial, or grid-scale batteries, thermal storage, etc.<\/li>\n
- Demand-side energy management technologies \u2014 robust power grids, e-charging infrastructure, etc.<\/li>\n
- Energy supply and delivery management technologies for advanced distribution network management, load management, and systems controls<\/li>\n<\/ul>\n
Key enabling digital technologies and solutions:<\/h3>\n\n- ADAS systems<\/a> for semi-autonomous and autonomous driving, plus platooning<\/li>\n
- Advanced mobility analytics \u2014 big data analysis<\/a>, IoT, telematics, predictive analytics solutions (such as for battery analytics)<\/li>\n
- Digital twin technology<\/a> for advanced transportation scenario modeling, predictive maintenance<\/a>, and remote diagnostics<\/li>\n
- In-car connectivity<\/a> to support operational and value-added services such as parking management, traffic management<\/a>, on-demand mobility services, and shared mobility<\/li>\n
- New cybersecurity solutions<\/a> to protect connected vehicles and infrastructure<\/li>\n<\/ul>\n
What are the implications of mass fleet electrification?<\/h3>\n
An electric car is still a\u2026 car. It gets you places and helps transport goods. But it has lower emissions and different fueling needs, plus a greater degree of connectivity.<\/p>\n
These attributes have profound implications for transport management<\/a>. Connected electric vehicles can be managed with higher precision through over-the-air updates, IoT sensors, remote diagnostics, and telemetry data analytics.<\/p>\n\n- For regular drivers, this means access to real-time traffic information, better navigation, connected parking management<\/a>, and easy asset sharing.<\/li>\n
- For commercial fleet managers, eMobility technology provides the opportunity to track, coordinate, orchestrate, and maintain vehicles from a central control panel.<\/li>\n<\/ul>\n
Furthermore, the effects of transport sector electrification will cascade into adjacent industries: automotive, construction, energy, telecom, and retail.<\/p>\n
The e-Mobility transformation will disrupt more than the automotive industry<\/b><\/p>\n
![\"eMobility](\"https:\/\/d17ocfn2f5o4rl.cloudfront.net\/wp-content\/uploads\/2022\/01\/emobility-transformation.png\")
<\/p>\n
Source: McKinsey \u2014 Why the automotive future is electric<\/a><\/em><\/p>\nWhen eMobility solutions go mainstream, a lot of changes will follow:<\/p>\n
\n- Lower operating costs<\/b>. EVs are estimated to save their owners $6,000 to $10,000<\/a> in total cost of ownership over the vehicle\u2019s lifetime. For large fleet operators, this can translate to millions in savings.<\/li>\n
- Reduced CO2 emissions\/pollution<\/b>. Manufacturing an EV currently generates more emissions than manufacturing a traditional car. But over time, an EV\u2019s superior energy efficiency offsets these higher environmental costs. Even with no changes in the manufacturing process, driving an electric car will be better for the environment in 95% of the world<\/a>.<\/li>\n
- Phased out dependence on fossil fuels<\/b>. Fossil fuels are finite. Plus, they are a source of geopolitical tensions. Energy independence is easier to achieve. Plus, electrification has accelerated research into alternative fuel options such as fuel cells, hydrogen, and non-fossil methane.<\/li>\n
- Increased demand for electricity<\/b>. Understandably, mass adoption of electric mobility solutions will hike demand. New approaches to energy management and grid transformations will be required before more EVs hit the roads.<\/li>\n
- Greater degree of innovation in the public mobility sector<\/b>-, courtesy of e-vehicle connectivity. Connected e-cars can be integrated into the mobility as a service (MaaS)<\/a> ecosystem to progressively transition from asset ownership to shared, on-demand use.<\/li>\n<\/ul>\n\n \n
Transportation software development services<\/p>\n
\n Get ready for managing and servicing e-fleets using our technology expertise<\/div>\n <\/div>\n <\/div>\n Learn more<\/span>\n\t\t <\/a><\/div>\nValue-added eMobility opportunities<\/h2>\n
If there\u2019s one thing regular folks and government regulators agree on it\u2019s the desire for zero-emission mobility.<\/p>\n
2021 was another record year for e-car sales globally, with 5.6 million units sold<\/a>. That\u2019s a 168% increase from 2019 sales volumes and an 83% bump from 2020.<\/p>\nAt the same time, the new EU \u201cFit for 55\u201d program<\/a> has set a target for reducing net carbon emissions by 55% by 2030. Changes to the transportation sector occupy a good chunk of that proposal.<\/p>\nThe US government has set the target of a 50% e-vehicle<\/a> sales share by 2030. China has mandated that automakers ensure EVs reach 40% of all sales<\/a> by the same year. In both cases, these percentages include both commercial and private vehicle sales.<\/p>\nThese sweeping changes affect every industry that relies on vehicles \u2014 and require them to adapt.<\/p>\n
Mass fleet electrification and subsequent CO2 neutral mobility open new possibilities for growth not just for businesses in the automotive and transportation sectors but for mobility startups, fleet management software<\/a> providers, OEMs, and logistics companies.<\/p>\nElectrification and other disruptions are shifting value pools<\/b><\/p>\n
![\"eMobility](\"https:\/\/d17ocfn2f5o4rl.cloudfront.net\/wp-content\/uploads\/2022\/01\/electrification-of-transportation.png\")
<\/p>\n
Source: McKinsey \u2014 Global emergence of electrified small-format mobility<\/a><\/em><\/p>\nHere are some emerging value pools to consider.<\/p>\n
E-hailing and electric carsharing<\/h3>\n
To some extent, electrification is imposed on e-hailing and carsharing companies. But their commitment to government emissions targets also leads to other returns such as lower vehicle operating costs and more positive consumer perceptions of the brand that goes green.<\/p>\n
It should be unsurprising that ridesharing companies all over the world are making fleet electrification pledges. Uber, Lyft, Ola, and Didi are already on board.<\/p>\n
But electrifying ridesharing fleets requires a lot of consolidated effort. Persuading drivers and subsidizing the switch to EVs, increasing prices to offset the capital expenditures, and convincing consumers to pay green surcharges are just the tip of the iceberg.<\/p>\n
Key enabling digital technologies and solutions:<\/h3>\n\n- ADAS systems<\/a> for semi-autonomous and autonomous driving, plus platooning<\/li>\n
- Advanced mobility analytics \u2014 big data analysis<\/a>, IoT, telematics, predictive analytics solutions (such as for battery analytics)<\/li>\n
- Digital twin technology<\/a> for advanced transportation scenario modeling, predictive maintenance<\/a>, and remote diagnostics<\/li>\n
- In-car connectivity<\/a> to support operational and value-added services such as parking management, traffic management<\/a>, on-demand mobility services, and shared mobility<\/li>\n
- New cybersecurity solutions<\/a> to protect connected vehicles and infrastructure<\/li>\n<\/ul>\n
What are the implications of mass fleet electrification?<\/h3>\n
An electric car is still a\u2026 car. It gets you places and helps transport goods. But it has lower emissions and different fueling needs, plus a greater degree of connectivity.<\/p>\n
These attributes have profound implications for transport management<\/a>. Connected electric vehicles can be managed with higher precision through over-the-air updates, IoT sensors, remote diagnostics, and telemetry data analytics.<\/p>\n\n- For regular drivers, this means access to real-time traffic information, better navigation, connected parking management<\/a>, and easy asset sharing.<\/li>\n
- For commercial fleet managers, eMobility technology provides the opportunity to track, coordinate, orchestrate, and maintain vehicles from a central control panel.<\/li>\n<\/ul>\n
Furthermore, the effects of transport sector electrification will cascade into adjacent industries: automotive, construction, energy, telecom, and retail.<\/p>\n
The e-Mobility transformation will disrupt more than the automotive industry<\/b><\/p>\n
<\/p>\n
Source: McKinsey \u2014 Why the automotive future is electric<\/a><\/em><\/p>\nWhen eMobility solutions go mainstream, a lot of changes will follow:<\/p>\n
\n- Lower operating costs<\/b>. EVs are estimated to save their owners $6,000 to $10,000<\/a> in total cost of ownership over the vehicle\u2019s lifetime. For large fleet operators, this can translate to millions in savings.<\/li>\n
- Reduced CO2 emissions\/pollution<\/b>. Manufacturing an EV currently generates more emissions than manufacturing a traditional car. But over time, an EV\u2019s superior energy efficiency offsets these higher environmental costs. Even with no changes in the manufacturing process, driving an electric car will be better for the environment in 95% of the world<\/a>.<\/li>\n
- Phased out dependence on fossil fuels<\/b>. Fossil fuels are finite. Plus, they are a source of geopolitical tensions. Energy independence is easier to achieve. Plus, electrification has accelerated research into alternative fuel options such as fuel cells, hydrogen, and non-fossil methane.<\/li>\n
- Increased demand for electricity<\/b>. Understandably, mass adoption of electric mobility solutions will hike demand. New approaches to energy management and grid transformations will be required before more EVs hit the roads.<\/li>\n
- Greater degree of innovation in the public mobility sector<\/b>-, courtesy of e-vehicle connectivity. Connected e-cars can be integrated into the mobility as a service (MaaS)<\/a> ecosystem to progressively transition from asset ownership to shared, on-demand use.<\/li>\n<\/ul>\n\n \n
Transportation software development services<\/p>\n
\n Get ready for managing and servicing e-fleets using our technology expertise<\/div>\n <\/div>\n <\/div>\n Learn more<\/span>\n\t\t <\/a><\/div>\nValue-added eMobility opportunities<\/h2>\n
If there\u2019s one thing regular folks and government regulators agree on it\u2019s the desire for zero-emission mobility.<\/p>\n
2021 was another record year for e-car sales globally, with 5.6 million units sold<\/a>. That\u2019s a 168% increase from 2019 sales volumes and an 83% bump from 2020.<\/p>\nAt the same time, the new EU \u201cFit for 55\u201d program<\/a> has set a target for reducing net carbon emissions by 55% by 2030. Changes to the transportation sector occupy a good chunk of that proposal.<\/p>\nThe US government has set the target of a 50% e-vehicle<\/a> sales share by 2030. China has mandated that automakers ensure EVs reach 40% of all sales<\/a> by the same year. In both cases, these percentages include both commercial and private vehicle sales.<\/p>\nThese sweeping changes affect every industry that relies on vehicles \u2014 and require them to adapt.<\/p>\n
Mass fleet electrification and subsequent CO2 neutral mobility open new possibilities for growth not just for businesses in the automotive and transportation sectors but for mobility startups, fleet management software<\/a> providers, OEMs, and logistics companies.<\/p>\nElectrification and other disruptions are shifting value pools<\/b><\/p>\n
<\/p>\n
Source: McKinsey \u2014 Global emergence of electrified small-format mobility<\/a><\/em><\/p>\nHere are some emerging value pools to consider.<\/p>\n
E-hailing and electric carsharing<\/h3>\n
To some extent, electrification is imposed on e-hailing and carsharing companies. But their commitment to government emissions targets also leads to other returns such as lower vehicle operating costs and more positive consumer perceptions of the brand that goes green.<\/p>\n
It should be unsurprising that ridesharing companies all over the world are making fleet electrification pledges. Uber, Lyft, Ola, and Didi are already on board.<\/p>\n
But electrifying ridesharing fleets requires a lot of consolidated effort. Persuading drivers and subsidizing the switch to EVs, increasing prices to offset the capital expenditures, and convincing consumers to pay green surcharges are just the tip of the iceberg.<\/p>\n
What are the implications of mass fleet electrification?<\/h3>\n
An electric car is still a\u2026 car. It gets you places and helps transport goods. But it has lower emissions and different fueling needs, plus a greater degree of connectivity.<\/p>\n
These attributes have profound implications for transport management<\/a>. Connected electric vehicles can be managed with higher precision through over-the-air updates, IoT sensors, remote diagnostics, and telemetry data analytics.<\/p>\n Furthermore, the effects of transport sector electrification will cascade into adjacent industries: automotive, construction, energy, telecom, and retail.<\/p>\n The e-Mobility transformation will disrupt more than the automotive industry<\/b><\/p>\n Source: McKinsey \u2014 Why the automotive future is electric<\/a><\/em><\/p>\n When eMobility solutions go mainstream, a lot of changes will follow:<\/p>\n Transportation software development services<\/p>\n If there\u2019s one thing regular folks and government regulators agree on it\u2019s the desire for zero-emission mobility.<\/p>\n 2021 was another record year for e-car sales globally, with 5.6 million units sold<\/a>. That\u2019s a 168% increase from 2019 sales volumes and an 83% bump from 2020.<\/p>\n At the same time, the new EU \u201cFit for 55\u201d program<\/a> has set a target for reducing net carbon emissions by 55% by 2030. Changes to the transportation sector occupy a good chunk of that proposal.<\/p>\n The US government has set the target of a 50% e-vehicle<\/a> sales share by 2030. China has mandated that automakers ensure EVs reach 40% of all sales<\/a> by the same year. In both cases, these percentages include both commercial and private vehicle sales.<\/p>\n These sweeping changes affect every industry that relies on vehicles \u2014 and require them to adapt.<\/p>\n Mass fleet electrification and subsequent CO2 neutral mobility open new possibilities for growth not just for businesses in the automotive and transportation sectors but for mobility startups, fleet management software<\/a> providers, OEMs, and logistics companies.<\/p>\n Electrification and other disruptions are shifting value pools<\/b><\/p>\n Source: McKinsey \u2014 Global emergence of electrified small-format mobility<\/a><\/em><\/p>\n Here are some emerging value pools to consider.<\/p>\n To some extent, electrification is imposed on e-hailing and carsharing companies. But their commitment to government emissions targets also leads to other returns such as lower vehicle operating costs and more positive consumer perceptions of the brand that goes green.<\/p>\n It should be unsurprising that ridesharing companies all over the world are making fleet electrification pledges. Uber, Lyft, Ola, and Didi are already on board.<\/p>\n But electrifying ridesharing fleets requires a lot of consolidated effort. Persuading drivers and subsidizing the switch to EVs, increasing prices to offset the capital expenditures, and convincing consumers to pay green surcharges are just the tip of the iceberg.<\/p>\n\n
<\/p>\n\n
Value-added eMobility opportunities<\/h2>\n
<\/p>\nE-hailing and electric carsharing<\/h3>\n
![\"eMobility](\"https:\/\/d17ocfn2f5o4rl.cloudfront.net\/wp-content\/uploads\/2022\/01\/barriers-to-electrification-of-vehicles.png\")
<\/p>\n