GLOBAL EV PHONE KEY MARKET

INTRODUCTION

A feature called EV Phone Key, often referred to as Electronic Vehicle Phone Key, enables a user to start and unlock their electric vehicle using their smartphone.

As more and more manufacturers of electric vehicles start to offer this option to their customers, this technology has grown in popularity.

The EV Phone Key connects the user's smartphone to the vehicle using Bluetooth or near-field communication (NFC) technologies.

The smartphone sends a signal to the car's onboard computer when the user approaches it, which causes the doors to open and enables the user to start the car.

The EV Phone Key offers additional security features in addition to the convenience for the user.

For instance, the user's smartphone could be set up to demand biometric verification before unlocking and starting the car, like a fingerprint or facial recognition.

This reduces the possibility of an unauthorized access to the car.

Overall, the EV Phone Key is a cutting-edge technology that gives owners of the electric vehicles a quick and secure way to unlock and start their cars using their smartphones.

GLOBAL EV PHONE KEY MARKET SIZE AND FORECAST

The Global EV Phone Key Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

At its annual conference for software developers, Apple Inc. introduced a system that will allow iPhone owners to unlock and start cars using their devices.

The new technology will operate with BMW 5 Series vehicles that will be sold. Users may also share digital car keys with friends and family members via the business's iMessage system.

When the BMW 5 Series is released, owners will be able to use the system because it is compatible with phones running the most recent iOS 13 operating system.

Regarding electric vehicle charging stations, collaboration with BMW and Ford Motor Company to display stations compatible with the user's vehicle.

COMPANY PROFILE

• Karma Automotive
• Kia Corporation
• Lucid Group, Inc
• Mahindra Electric Mobility Limited
• NIO, Nissan Motors Co., Ltd
• Okinawa Autotech Pvt. Ltd

THIS REPORT WILL ANSWER THE FOLLOWING QUESTIONS

1. How many EV Phone Keys are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global EV Phone Key and key vendor selection criteria
3. Where is the EV Phone Key manufactured? What is the average margin per unit?
4. Market share of Global EV Phone Key market manufacturers and their upcoming products
5. The cost advantage for OEMs who manufacture Global EV Phone Key in-house
6. key predictions for the next 5 years in the Global EV Phone Key market
7. Average B-2-B EV Phone Key market price in all segments
8. Latest trends in the EV Phone Key market, by every market segment
9. The market size (both volume and value) of the EV Phone Key market in 2023-2030 and every year in between?
10. Production breakup of EV Phone Key market, by suppliers and their OEM relationship