The process of electrification in the automotive industry has accelerated, with a market share of 50% in 2030

Global automakers have released the latest electric models and invested in the development of technology and the creation of electric vehicles (EVs). In order to promote next-generation innovation, the bright future of EVs is approaching. In addition, government departments have issued more and more incentive measures and regulations, adding tremendous momentum to consumers, the automotive industry, and usage scenarios.

Molex Molex commissioned a research institute, Dimensioning. In October 2021, Research conducted an Innovation in Automotive Electric Survey, visiting more than 200 automotive companies, tier 1 or tier 2 suppliers, and their charging pile suppliers in North America, Europe, the Middle East, and Africa (EMEA), and the Asia Pacific region (APAC).

The research results further confirm that electric vehicles are not only connected to electric motors. Consumer expectations for electric vehicles include not only the use of different modules, but also obtaining safety, value, and convenience from electric vehicles. Only electric vehicles can provide a unique driving experience, quiet driving, high performance, and environmental protection.

Companies in the entire electric vehicle ecosystem know that automotive electrification is a complex task that requires higher originality, highly complex engineering design, and fully integrated manufacturing cooperation to promote innovation in the next generation of electric vehicles. Our research results also reflect the need for vehicle OEM manufacturers and suppliers to strengthen cooperation to jointly design and develop new roles, both inside and outside the vehicle.

Respondents widely believe that the top five features of electric vehicle innovation that receive the most attention include unmanned driving and driving assistance, safety, overall ownership cost, vehicle charging time, and vehicle mileage. Interestingly, Tier 1 or Tier 2 suppliers have indicated that the difficulty in their work lies in improving mileage and charging time levels, and vehicle OEM manufacturers have also indicated that they have encountered challenges in vehicle maintenance and innovation in driverless and driving assistance features.

In summary, the results of the Molex survey reflect the accelerated development and progress of electrification in the automotive industry. These strong developments are consistent with our work experience in electrified ecosystems. The industry is undergoing significant development and asset investment, especially in technologies such as batteries and electronic power systems.

Most respondents believe that automotive electrification is on the way to achieve significant progress. At the same time, we are also aware of constant testing, all of which require exploration, research, investment, and cooperation among practitioners.

Strategy Analytics states that the acceleration of automotive electrification is driving OEM manufacturers to change their strategies as automakers seek more advanced technology and supply basic components. As a result, mainstream automotive manufacturers are collaborating with battery suppliers, motor developers, and semiconductor manufacturers to ensure that the technology gap is narrowed and successful experience gained in these key areas.

Our research results reflect the importance of cooperation. OEM manufacturers have stated that they will strengthen cooperation with primary or secondary suppliers as the best way to innovate. Similarly, suppliers also prioritize cooperation issues and increase investment in research and development and assets to promote rapid innovation with OEM partners. In particular, optimizing battery management can improve mileage and performance charging time, which is the consensus of many companies.

Respondents stated that despite the success of electronic device innovation in batteries, modules or battery packs, motors, and power equipment; But more issues are improving controller modules, wiring, connectors, and buses, as well as cameras and sensors. 92% said that with the increase in electrification, the company's internal design department will face more challenges and obstacles.

There is an urgent need to address significant issues, including the risks of shock, vibration, loose or damaged circuits, and security threats related to thermal management and high currents. The internal design department must also address battery life cycle management and handling issues. These market conditions have created market opportunities for Moss and other companies. Due to their extensive experience in power control modules, they have eliminated obstacles for the company.

Reducing net weight is particularly important for increasing the mileage of electric vehicles. Today, cars have longer wires and cables that can be simplified by converting to a regional zonal architecture. According to the survey, 84% of respondents recognized that this simplified approach represents the future development of electric vehicle design. Based on Automotive World, in a recent article, the vast majority of OEM manufacturers are deploying 100 or more embedded control modules (ECUs) from each vehicle to transform the architecture into a simpler centralized architecture, using a few high-performance computers to minimize the number of ECU applications, ease of installation, net weight, and ultimate cost.

The traditional automotive architecture has a huge electrical network, and simplification is the key to improving efficiency and simplifying the manufacturing process. Molex Molex has made a significant breakthrough at this level. Developed solutions using critical connections, power supplies, and network signals to support specific equipment and online applications from OEM manufacturers and tier 1 suppliers. More than half of the respondents believe that the zonal regional structure will define the future of automotive design within five years, but 34% still believe that it will take longer for the zonal structure to become a de facto standard.

UBS Group Investment Bank (UBS) estimates that electric vehicles may account for 20% of global new vehicle sales by 2025, and that by 2030, the market share is expected to reach 50%. As confirmed by a new Molex survey, the competition towards automotive electrification in the future is accelerating. Therefore, practitioners in the field of electric vehicles need to be more down-to-earth than ever before to jointly promote the development of this important field.

In the international market, the number and types of various EV and HEV vehicles (from compact vehicles to large pickup trucks) have increased significantly. In addition, batteries, battery management, and energy regeneration systems have increased the mileage of electric vehicles after charging, and the driving distance of electric vehicles is closer to the driving distance of gasoline fueled vehicles. With the increase in electric vehicle mileage, the anxiety that hindered electric vehicle selection in the past has also decreased. In addition, with the expansion of the charging pile network and rapid charging, the "difference" between electric vehicles and internal combustion engine vehicles may be further narrowed, promoting the development of electric vehicles to play a huge prospect.