MAY 2021AUTOTECHOUTLOOK.COM6The electric vehicles market has witnessed rapid evolution with the ongoing developments in the automotive sector. With aggressive government policies and financial incentives in terms of subsidies and grants, EV adoption is set to increase across the world. As energy-independence and environmental care continue to become a matter of grave concern, EV market will continue to get attention for its fuel efficiency and high-performance. Besides, modern EVs currently offer a wide range of benefits: performance, cutting-edge technology and connectivity, a quieter ride, lower running cost, full city access, unique exterior styling and increased interior space.EVs are providing a new perception of mobility that is user-centric. Customers are migrating to EVs as it is affordable and offers a lifetime experience driven by robust technologies and stunning designs. Comprehending the rise of EVs, various OEMs are investing capital to come up with cost-efficient and accessible EV solutions that will stand out in the industry. The EV market is projected to reach 26,951,318 units by 2030 from an estimated 3,269,671 units in 2019, at a CAGR of 21.1 percent during the forecast period, according to a research. Though at a very early development stage, EVs are witnessing greater demand with each passing year. With attractive features including, immediate torque, silent ride, EVs come with no emissions and reduced battery cost. Further, the vehicles have the benefit of flexible charging. They can be effectively charged at charging stations that are set up at the parking places. In this edition, Auto Tech Outlook has created a list of top 10 electric and hybrid vehicle technology solution providers and service companies in Europe. These vendors are transforming the electric and hybrid vehicle landscape with their best-in-class solutions. Besides, the edition comprises insights from subject matter experts, CIOs, CXOs in the automotive sector on the latest industry trends, best practices, and recent innovations.Let us know your thoughts.EDITORIALHybrid Vehicle Technology Paving The Way For Future AutomobilesCopyright © 2021 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.FEATUREDFEATUREDVENDORS - 2019 VENDOR - 2019 Editorial StaffOlivia HarperDavid CarterPaisley AaronClaire JonathanVisualizersJosiah Thomas Ronald DonovanManaging EditorLester D'Souza*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffLester D'SouzaManaging Editoreditor@autotechoutlook.comMay - 03 - 2021 Volume 04 Issue - 04Published by ValleyMedia, Inc.To subscribe to Autotech OutlookVisit www.autotechoutlook.com Email:sales@autotechoutlook.comeditor@autotechoutlook.commarketing@autotechoutlook.comFEATUREDFEATUREDVENDORS - 2019 VENDOR - 2019
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