Electric Vehicle System Design Brief

At the time of release of this paper there is a good chance that, if you have purchased a vehicle recently, you have purchased some class of an electric vehicle (EV) which is either battery powered or a hybrid (containing both gasoline and batteries). According to BCG analysts - with regards to car sales - global sales of all classes of EVs was about one-in-ten. Also as BCG points out, due in part to a mixture of government incentives, ever-tightening emissions regulations and the global volumized cost of electrification technology decreasing, “battery-powered electric vehicles (BEVs) and plug-in hybrids (PHEVs) will seize almost a quarter of the market by 2030.” (Boston Consulting Group, 2020).

If you are a member of a startup or business looking to enter the electrified transportation ecosystem, then you are most likely interested in creating a product solution for consumers which has staying power through this technology explosion.

In this whitepaper, we help you make sense of the costs and technical risks involved in electric vehicle development by: