Rise of electric vehicles: how technology changes the auto industry

About one in every 250 cars on the road is electric. This may not seem like a lot, but it has shown a lot of growth in recent years.

New energy vehicles are changing the world, and modern technology is making them better every year. These cars contain a lot of components, and manufacturers rely on semiconductor companies like Win Source to provide them with the parts they need.

Let's take a look at the rise of electric vehicles and how they're changing the auto industry as a whole. 

The origin of electric cars 

The first electric car in the world was made in 1832, though it was far from viable, and more just something to show what might be possible. These days, many of the world's biggest car manufacturers have electric models including Ford, BMW, Hyundai, and of course, Tesla.

Different technologies have made these cars possible, and they're now fully viable. Many people have chosen to replace their old car with a new energy vehicle. 

Newer models make use of technologies like artificial intelligence to offer advanced features. There are even fully electric autonomous vehicles that can drive themselves. Components from companies like Win Source help keep manufacturers supplied with what they need to build these vehicles. 

The current market 

The EV car market is growing quickly, and manufacturers are currently able to keep up with demand, but this might not last. Recent years have seen severe shortages of semiconductors.

Without consistent semiconductor development and supply, the demand for EVs could quickly outgrow the rate at which manufacturers can produce them. Fortunately, companies like Win Source are able to supply the necessary products to manufacturers to help them keep up with the current market. 

Recent advancements

There have been plenty of advancements in recent years that have made EVs more viable. Among the most important are improvements in battery technology that make them more efficient and affordable. 

Charging infrastructure is improving all over the world. This allows EV owners to charge their cars more easily. 

There have also been improvements in performance and design. Modern EVs are more than capable of keeping up with other cars, and with more options becoming available every year, there are vehicles to suit anyone's taste. 

Such advancements are only possible with the right technology. Parts from companies such as Win Source are crucial in the further development of these technologies. 

How Win Source can help 

Win Source is a leading semiconductor company that offers a wide range of electrical components. It provides parts for individuals as well as any companies that need them.

Win Source has access to a wide range of semiconductors and other electronic components. It can supply companies in the automotive, aerospace, industrial, and medical industries. If your company needs any electrical components to manufacture electric vehicles, it can supply high-quality parts at a low price. 

The future of new energy vehicles 

It's safe to say that the new energy vehicles market will continue to grow in the coming years. Win Source will continue to supply manufacturers with the parts they need to keep putting out quality vehicles. If you want to know more about the parts the company supply, contact Win Source today.