EV KEY CARD MARKET

INTRODUCTION

EV key cards are cards that enable access to electric vehicles (EVs). They are typically used in public EV charging stations, allowing drivers to unlock and access a charging port to charge their vehicle. The cards are issued by the EV charging network provider and are unique to each user. 

EV key cards are designed to be convenient and secure. When users swipe their cards at a charging station, the card reader encrypts the user’s information and sends it to the charging network provider. The provider then authenticates the user’s information and unlocks the charging port.

This ensures that only authorized users can access the charging station and prevents unauthorized users from accessing the station.

EV key cards can also be used for other services, including tracking charging station usage and providing discounts. By tracking usage, charging networks can analyze usage patterns and adjust pricing and services accordingly. Additionally, users can be offered discounts for using their card at certain times or on certain days.

In addition to convenience and security, EV key cards also offer environmental benefits. By encouraging more people to use EVs, they help reduce air pollution and greenhouse gas emissions. Additionally, they help reduce the number of cars on the road, leading to less traffic and improved road conditions.

By providing secure access and other services, EV key cards are becoming an essential part of the EV charging network. They make it easier for drivers to access charging stations and help reduce environmental impact.

EV KEY CARD MARKET SIZE AND FORECAST

 The Global EV Key card market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

EV KEY CARD MARKET NEW LAUNCH

At the Chicago Auto Show, Hyundai unveiled its Evolve+ EV subscription program. This program offers flexible access to electric vehicles, roadside assistance, maintenance, insurance, and a fully digital experience through the Hyundai Evolve+ app. Its goal is to draw in "EV-Curious" audiences and attract first-time EV buyers with its popular IONIQ 5 and Kona electric models.

It is currently available in seven cities across six states with expansion plans. Hyundai Motor America developed Evolve+ in collaboration with its dealers. This innovative service offers consumers who wish to drive Hyundai's newest electric vehicles without committing to a purchase or longer-term lease freedom and cost. Evolve+ is priced extremely reasonably when compared to a standard lease or purchase with this comprehensive, "turnkey" solution.

It's around half as expensive as a daily car hire. The Hyundai dealer has the option to either lease or sell the car to Evolve+ clients who are satisfied with their experience and seek a long-term commitment.

 Hyundai Evolve+ gives customers a distinctive online shopping experience by letting them choose their car and conditions of financing via a personalized app. After that, all the consumer needs to do is visit the dealership to pick up the car. The delivery process is stress-free and devoid of haggling.

EV KEY CARD MARKET RECENT DEVELOPMENT

In addition to celebrating the installation of the first four electric vehicle (EV) Direct Current (DC) fast charging plugs at city-owned municipal garages, Commissioner Hank Gutman of the New York City Department of Transportation joined EV Connect, New York Power Authority (NYPA), and elected officials to unveil a new, ambitious vision plan to expand electric vehicle charging throughout the city.

The announcement after the curbside Level 2 charging experiment was unveiled is a component of the city's endeavor to expand and establish one of the nation's largest municipal EV charging networks.This plan is essential to assisting the City in achieving carbon neutrality because transportation contributes approximately 30% of the total emissions in the City.

THIS EV KEY CARD MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many EV Key card are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global EV Key card and key vendor selection criteria
3. Where is the EV Key card manufactured? What is the average margin per unit?
4. Market share of Global EV Key card market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global EV Key card in-house
6. key predictions for next 5 years in Global EV Key card market
7. Average B-2-B EV Key card market price in all segments
8. Latest trends in EV Key card market, by every market segment
9. The market size (both volume and value) of the EV Key card market in 2024-2030 and every year in between?
10. Production breakup of EV Key card market, by suppliers and their OEM relationship