In India's Automotive Industry, Connected Vehicle Penetration to Surpass 26% by the End of 2023
In India's Automotive Industry, Connected Vehicle Penetration to Surpass 26% by the End of 2023
Nijhum Rudra
Tue, 05/30/2023 - 12:24
EVs are expensive compared to ICE vehicles because of the battery cost. The EV battery cost makes up 60% of the total EV price. Therefore, to compensate for the high price of EVs, the automakers add features and functionalities to present them as differentiating factors to the buyers. These features generally aim to provide safety and convenience to the driver.
[original story: Circuit Digest]