Connected World: Partnering with OEMs on EV Innovation

“Regardless of the OEM model, they all need to advance battery technology and ensure the electrical infrastructure is there.”

The ecosystem of electric vehicles (EVs) is rapidly changing. With so many factors that impact the market, OEMs are evolving their models to meet consumer demand and infrastructure needs. Discussing the current state,  Steven Merkt, President, Transportation Solutions at TE Connectivity, joined Our Connected World host Tyler Kern.

“There have been many barriers in the way. First, it was making a battery that would last long enough and be cost-effective. Then getting through these economically unviable times. The third was would people want to drive them,” Merkt explained.

Those challenges are in the rearview, but many remain. “There’s capability and capacity. Capability has had a natural progression of faster charging but scaling it out for capacity isn’t easy for the auto industry,” Merkt noted.

The near-term issue is the supply chain, which every manufacturer has experienced. As a result, OEMs are responding and adapting. Infrastructure is still in flux, with some areas having easy access to charging where others don’t. Further, the energy used in charging needs to be sustainable.

All this change and rapid acceleration have OEMs stepping back and viewing themselves differently. “Before a car company was a car company. Now some see themselves as transportation or service companies. Regardless of their model, they all need to advance battery technology and ensure the electrical infrastructure is there,” Merkt added.

Merkt stated that the disruption has been good for the industry, allowing new players to bring value while traditional ones become more innovative. OEMs need to continue to deliver reliability and performance.  Users also need easy access to charging. Those are the priorities of all stakeholders in the EV market. Visit TE.com to read the full story on this topic: https://bit.ly/3zuf2oc

Follow us on social media for the latest updates in B2B!

Image

Latest

innovations in healthcare
Innovations in Healthcare: A Discussion with Dr. Craig Joseph at HIMSS 2024
May 24, 2024

Innovations in healthcare were easy to spot at the recent HIMSS 2024 conference. Healthcare Rethink’s Brian Urban caught up with one of those innovators for a live discussion at HIMSS 2024. podcast, Their conversation opens a window and dialogue into the cutting-edge trends reshaping healthcare technology today. This episode features Dr. Craig Joseph, the…

Read More
Preventing burnout
Achieving Professional Growth and Preventing Burnout: The Importance of Time Management and Support Networks in a Fast-Paced World
May 23, 2024

In today’s fast-paced world, balancing professional growth with personal well-being is more crucial than ever. With the rise of remote work, digital transformation, and the constant hustle culture, finding this balance has become a significant challenge for many. A survey conducted by Deloitte suggests that a whopping 77% of professionals experience burnout at work….

Read More
Fan-Centric Business Transformation
Prop Room
May 23, 2024

In this episode of the Fans First series, Jesse Cole, the mastermind behind the Savannah Bananas, shares with us that in the vibrant world of marketing, creativity knows no bounds—a philosophy embodied by a prop room and studio teeming with eclectic costumes and outlandish ideas. This creative hub, seemingly disconnected from conventional themes like bananas,…

Read More
Ace Gardner and Jacob Lewis discuss NIL Deals and Transfer Portals
NIL Deals and Transfer Portals are Also Impacting College Staff and Their Roles
May 23, 2024

College sports is undergoing a significant transformation with the advent of Name, Image, and Likeness (NIL) rights and the increasing prevalence of transfer portals. These changes are reshaping how college staff operate, presenting both opportunities and challenges. With the rise of NIL deals and transfer portals, understanding the behind-the-scenes impact on college coaching staff…

Read More