The shift towards electronics has been the most seismic change in the car industry, bringing manufacturers into the fold of new technologies and the respective market demands.

In light of governments around the globe implementing stricter emissions laws, motorcar companies are spending huge amounts of money on EV manufacturing in order to maintain the level of their capability. Eventually, zero-emission is the next logical step in the shift to electric mobility, but it also presents some limits the industry has to overcome.

Expensive vehicle production is one of the main challenges. The cost of battery technology is high, and the manufacture of such storage, whereby efficiency is the most critical aspect, is still one of the main targets of producers. Besides, the shortage of charging infrastructure hampers the mass penetration of EVs in some areas.

Co-operating parties in governments and private sectors should invest in the enlarging of the network of battery swap stations to assist the increased number of electric vehicles on the road.

Moreover, customer reception holds a critical importance in the success of the electric vehicle development. The EV interest is on the rise, but the fears over the lack of distance and the time to charge the cars are still there.

The car companies are currently trying to solve these concerns by concentrating on battery efficiency and quick charging options The possibilities in the wireless- and solid-state batteries could be the potential game-changers in the expected significant increase in the number of electric vehicles.

Moreover, disruptions in the supply chain also hinder progress in the automotive sector. The immoderate need for lithium, cobalt, and the like as raw materials, especially for battery production, raises worries about the availability of resources and the ethical origins of these materials. Battery producers have been looking for substitutes and recycling the materials to minimize these risks.

The auto industry’s future is electric, no matter how difficult it may be to get there. Government stimulus and technological breakthroughs, alongside the transformation of customer preferences, are the primary factors for the industry to insist on greener means of transportation. The industry will have a time period of coming years to define, enabling the industry to remove these obstacles so that electric mobility can be more fully embraced.