As more and more countries ban the sale of new petrol and diesel motor vehicles in the coming decades, the automobile industry has two choices—get swallowed up by the competition or seize the opportunity. The time has come to reimagine the future of the automobile business and increase market share by investing in charging infrastructure.

The future of the automotive business is the electric car

The automotive and energy industries are converging. Oil companies are becoming energy providers for mobility, with electricity playing an ever-increasing role. These transformations offer a once-in-a-lifetime chance to create new revenue streams from electric vehicle (EV) charging and dominate the market while there’s still room left.

As an automotive company, you have the advantage of being well-positioned to invest in EV charging management, whether it’s through a private EV charging platform or a wider charging network. An increasing number of companies are offering EV charging solutions for OEMs, making it easier than ever to get involved. 

With every electric vehicle that is sold, the demand for charging solutions such as public charging points increases. Partnering with a company that offers electric vehicle charging solutions for OEMs will help auto companies stay relevant in a time when consumers are increasingly concerned where more and more drivers will be looking to charge an electric car.