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Showing posts from May, 2022

How Technological Obsolescence can affect Electric Vehicles

  The auto business today is undergoing a major transformation quite similar to the smartphone industry in the early 2000s. The entire shift from conventional gas powered vehicles to electric power trains is creating radical ripples in supply chains, fabrication systems and even in service centers. The business model is shaken to core, thereby defining new processes about how electric vehicles are manufactured and sold. In any case, there is one issue that stands apart and common for every EV : Obsolescence i.e vehicles becoming outdated due to rapid innovation in the technological ecosystem.   This case can be compared as EVs are becoming outdated like smartphones, or more specifically, iPhones.   To explain further, a 2009 iPhone Model will be susceptible to malfunctions more than a 2019 iPhone Model. It may happen due to upgradation of new electronic systems and software capabilities , which makes the old iPhone incompatible with the latest hardware capabilities available

Repeated Battery Pack Issue in Your EV & What to do ?

A simple Google search may gladly announce that replacing an EV battery module is in the range of $3,000 and $7,000, however that doesn't tell us the full story whatsoever.   Numerous EV owners might have warned us that EV battery packs are the costliest part in an electric vehicle,   yet outside of EV communities, very few people know precisely what actual expenses look like.   “Very few people know precisely what actual expenses look like to actually replace the battery pack completely.”   The significant expense is one reason most automakers guarantee their electric vehicle batteries for at least 8 years or 100,000 miles. As automakers don't consistently distribute the expenses of their parts—particularly for important modules like motors and batteries.   Recently, we came across a Tesla Model 3 that took care of a battery substitution which was not under guarantee.     “To put things into perspective, we will also share an authorized Tesla receipt straig