Today we live in an era where data is everything. Personal data is being collected about everything we do and vehicle data is no exception. Electric vehicles generate valuable data, such as battery performance, brick and module voltages, drivers’ habits and the usage of APPs and DAPPs. Currently, car manufacturers and third-parties profit from selling access to this data. [Mckinsey] projects that car-generated data will become a 750 billion US dollar market by 2030.
Automotive companies are substantially investing in Electric vehicles. As governments move to intensify emissions standards, car manufacturers foresee electric vehicles to play a vital role in the near future. The transition has just begun. Electric vehicles are the future. In fact, the total investment of all global car manufacturers in electric vehicles now consists of $90 billion and is still growing.