Despite the effects of COVID-19, the sale of EVs has increased by more than 40%. Around 550 EV models will be available across the world by 2021, and most of them will be battery EVs. Assembly of battery technology, platform characteristics, and the effects of charging infrastructure are central to the EV segment’s growth globally. While electric vehicle platforms require huge investments, they will play a crucial role in pushing the EV market to go mainstream.
Over the next five years, large OEMs will focus on transitioning from adaptive to native EV platform design strategies to achieve scale. This report gives you an overview of the market landscape including the approach, framework, and evolution of EV platform design with a focus on increasing flexibility and boosting EV sales. It also brings forth a promising case for the purpose-built, modular electric vehicle platforms that enable OEMs to deliver cost savings, increase driving range, and revolutionize next-generation EV architecture.