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In any case, there is one issue that stands apart and common for every EV : Obsolescence i.e vehicles becoming outdated due to rapid innovation in the technological ecosystem.

 

This case can be compared as EVs are becoming outdated like smartphones, or more specifically, iPhones.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 in present times.

 

“Old iPhone software is incompatible with new hardware modules of latest iPhones.”

 

Frankly, the automotive industry didn't change fundamentally from year to year. When a model is updated, the latest model will consist of state of the art features present in that period . Since most changes are gradual,  the EV companies make updates to its cars on the production line several times per week . This,  of course could be contributing to the company’s ability to scale efficient production, but what it does is, it makes the existing systems in older models prone to failures.

 

For example, there are certain improvements happening everyday in safety systems, fuel infusion techniques, electric powertrain systems, navigation systems and so on. Hence, one can consider an EV as a programmable device that is upgraded consistently.

 

Let’s take a look at the Nissan EV example which is available in the market .

 

Nissan’s 2017 model had a range of 107 miles; the 2018 model is at 151 miles; the 2019 model 215, and the current 2021 model is rumored to be around 225 miles.

 

“Significant upgrades are happening in the field of navigation systems, powertrains and safety systems, making the car efficient and high-tech.”

 

Strictly from a software perspective, Tesla is advocating over-the-air (OTA) updates, from rain sensing wipers to major autopilot upgrades and everything in the middle. This capacity to re-equip programming modules over the air reduces the technology obsolescence factor and a car maker like Tesla can simply keep improving and updating a vehicle.

 

“When systems are upgraded periodically, a car model bought recently can quickly begin to feel obsolete.”

 

A consumer’s experience of an EV will be more similar to an Apple iPhone where numerous owners desire to get the latest model and not be left behind (read FOMO) that are not optimized for latest state-of-the-art systems.

 

The auto manufacturers are stepping up to provide best customer experiences at the cost of their own obsolescence. But, from a glass half full perspective, this is the way forward to establish their legacy for a sustainable future.

 

In case you are selling one to evade obsolescence risk, the most effective way to sell used car is through our authentic local dealership center as it is a best place to sell used tesla.

 

We provide :-

●     Instant Valuation

●     Same Day Payment

●     Appointment as per convenience

●     Secure and Safe Transaction

●     Best Price

 

https://bestpriceforcar.com/ takes care of getting the car picked up to paying the right valuation on the same day. Our employees are well sanitized and take care of all needs at your comfort. Additionally, our customers can get Best Price for Used Car within 1 day .

 

While it very well may be fun—or alarming—to dive into the risk of obsolescence whether you're an EV owner or considering selling your first electric vehicle.

 

Adios.
Location: United States

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