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Connected car market may reach USD 143 billion by 2027: Report, ET Auto
May 31, 2023The connected car industry will be driven by increased government attempts to create intelligent transportation networks, says the Business Research Company's report ‘Connected Cars Global Market Report 2023’.
Parking isn't really the problem the city is full of garages and street-side spots but electricity is. Every car charger requires a dedicated amount of available juice; put in enough chargers, and the power needed climbs quickly. It's enough of a logistical headache that the city's developers have shied away from EV infrastructure, at least on a large enough scale to meaningfully drive adoption.
Also Read: A shoebox sized circuit breaker can solve the EV charging messParking isn't really the problem the city is full of garages and street-side spots but electricity is. Every car charger requires a dedicated amount of available juice; put in enough chargers, and the power needed climbs quickly. It's enough of a logistical headache that the city's developers have shied away from EV infrastructure, at least on a large enough scale to meaningfully drive adoption.
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