Electric Vehicle Battery Management System (BMS) Drives a Third of Silicon Demand
Q1 2023 hedge fund letters, conferences and more It is no secret that electric vehicles are the future, with growing pressure to decarbonize felt strongly in the automotive industry. This is reflected in recent electric vehicle sales figures, which, since around 2020, have seen exponential year-on-year growth indicating a transition from an earlier adopter technology to a mainstream one. As a result, IDTechEx predicts a 15% CAGR in the battery electric vehicle market over the next decade. Semiconductor Components In Electric VehiclesSemiconductor technologies have become engrained in internal ...