How EV Startups Can Reduce Software Development Costs and Risks
Most OEMs don't make a profit from the sale of electric vehicles (EVs) — but EV startups planning on getting to market fast don't have to incur the same losses. With soaring battery prices, massive component costs, and low-volume sales chipping away at profitability, an EV startup must look toward software development as a way of driving efficiencies in budget, schedule, and level of effort.