But beyond the environmental benefits, a deeper change is afoot. Electric vehicles are redefining cars as we know them. These are no longer just machines, but devices with software that can be easily integrated into our digital lives. This is due both to capabilities such as app-focused features and advanced customization, and to the constant fear of software bugs and even cyber attacks.
This technological transformation is forcing automakers to become experts in software and batteries; This is a massive change for an industry built on engines and transmissions.
HOME consultant Lauren McDonald likens it to a dentist suddenly performing open-heart surgery. The learning curve is steep and the stakes are high. Companies like Ford are already losing money on EV sales, and traditional dealerships face an uncertain future as Tesla and Rivian opt to sell directly to consumers.
Experts say this is not a futuristic vision, it is already happening.
Source: Ferra

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