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In order to provide long-term power, manufacturers have placed a heavy emphasis on developing cutting-edge batteries, which is expected to fuel the market’s growth.
Furthermore, it is projected that further developments in the sectors of lithium-sulfur, metal-air, and aluminium-ion batteries would aid in the growth of the worldwide electric vehicle telematics market.
Governments all around the world are passing strict laws and restrictions on automakers in an effort to cut down on the pollution that vehicles produce.
Governments all across the globe are pressuring automakers to build environmentally friendly vehicles. Government restrictions on the use of internal combustion engines have accelerated the growth of telematics for electric vehicles.
Consumers are being enticed by regulatory agencies to purchase low- or zero-emission automobiles through tax exemptions, tax reductions, or other incentives.
The Australia EV Telematics Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
An EV-specific telematics system promises to provide retrofit capabilities to bring legacy cars into the connected car era.
StarLink EV, a device that ERM Advanced Telematics claims can be used with all EVs, including automobiles, buses, lorries, and even two-wheeled motorbikes and scooters, will be introduced.
Both customers and automotive partners will be able to purchase it.
It asserts that the technology works with the electric vehicle’s computer and a network that is comparable to CANBUS, which is utilized in older cars.
It will include an internal backup battery that will power equipment for evaluating driver behaviour and identifying accidents, and it is designed for high voltage use of up to 100V