I have launched a brand new online community forum to discuss EVs (Electric Vehicles). This forum was created as the global EV market is now recognizing this new market segment. Please check out http://www.evdomination.com
The EVdomination community forum has been created to discuss EVs, share ideas, get help and support from the community, buying advice and much more.
There are new products that are being developed every single day. These new products are mostly forking or twists on existing products. They have the potential to become their own market segment in the long run.
If we look at technology in general, a good example of this was the smartphone. It became an overnight phenomenon around 2007 and onwards. Everyone was buying into this new trend and a whole new market segment was born. Supporting market segments took off subsequently, this included:
- Smart phone accessories
- Internet data caps and competition amongst mobile networks
- Gaming phones
- Mobile apps for everything under the sun
- Thousands of other things I can’t think of right now
There are many other similar IT market trends that took off as recently as 2015
Examples from last few years:
- Home automation and IOT
- 3d Printing
- Mesh Wifi
- Wireless headphones
One such area that is steadily growing but has not hit its peak is Electric vehicles (EVs). They are forks of the good old combustion engine vehicle. There is still a huge amount of skepticism with EVs however, it is quickly diminishing as EVs become more mainstream, battery technology improves and more miles are claimed per charge. Range anxiety is the biggest deterrent for EVs adoption but in the very near future (a matter of months), range anxiety will be a forgotten term.
With the advent of Tesla taking on this market segment earlier on, this segment has ballooned and now everyone wants to get into the game.
The biggest players in the auto world are now seriously looking at launching EVs as fast as possible.
Some new players are starting with EVs from scratch. They don’t have any combustion engine baggage:
You will notice a few brands missing, this is because some companies are holding their cards close to their chest. Everyone knows the move to electric is inevitable, however, some companies like Toyota, Lexus, Mazda, Ford, GM are not announcing anything as of yet, there are financial reasons for this that are explained very well in this video: https://www.youtube.com/watch?v=U_df0QWmYog&t=450s
If you are interested in EVs and want to join the conversation, please visit EVdomination today and sign up. We are waiting to welcome you.0