Software Development

How EV Software Development Is Reshaping the Automotive Industry?

11/10/2024
7 minutes read

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How EV Software Development Is Reshaping the Automotive Industry?

While discussing how to succeed in the automotive industry, it’s all meant to deliver luxury, convenience, and comfort.

Remember what makes an electric BMW different from ordinary oil-based cars? 

It’s only the high-end software-based features integrated into the car that quickly transform your driving experience. 

Even Elon Musk Says “Transportation is Transforming, and we have to get ready for it!

The new generation of automobiles, known as Electric Vehicles (EVs), is gaining considerable attention worldwide as people are actively at the forefront of embracing green inventions. 

The automotive industry is undergoing a dramatic shift that is fundamentally changing how we perceive and interact with vehicles. The once-dominant traditional oil-based car, which dominated the industry for over a century is now giving a clear way to new era Electric vehicles. 

If you are still wondering where exactly the EV market is leading and why there is a need for EV Software development services, then consider these market stats and facts.

Market Insights of Electric Vehicle and Its Future Scope

The way people are getting aware of the benefits of going green, it’s safe enough to say that EV cars are rapidly smashing the automotive market. Not only are EVs offering technological driven advanced features but also making traveling economical for people. 

But the future growth of the market is expected to be fueled by the improvements in battery technology which makes EVs more affordable and accessible. Still, the market stats are representing, that EVs are already capturing the market hype.

Here is the quick market insights at the glance:

  • The overall growth of the market will lead to the projected market volume of $1084 billion by 2029 and expected to grow at the CAGR of 6.63% between 2024-2029. 
  • With close market evaluation, it is discovered that the volume weighted average price of EV market will amount to $57.5 K in 2024. 
  • Further, currently China holds the biggest market for EVs with an estimated revenue generation of $376,400 million in 2024. 

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With these stats and facts, it is clear enough to perceive that the future of transportation could hinge on clean energy resources and EVs are not an exception. But customers’ acceptance and driving experience will dictate how quickly these trends will take off.

Looking for custom EV software development services, but not sure how much does it cost to build an Electric Vehicle app? MultiQoS enables you to book a 15-minute free consultation slot with our experts to discuss your project details and get fair estimations. Let’s connect now!

How Do EV Software Development Are Transforming the Automotive Industry?

The surging picture of Electric vehicles is not just about shifting the automotive industry from gasoline to electric power cars, it represents a clear evolution of the automotive industry. Central to this evolution is the integration of advanced EV software solutions that are redefining how vehicles operate, interact and communicate with their environment.

From predictive maintenance to smart connectivity, and battery optimization to personalized settings, EV software development can quickly transform the user experience. Let’s delve deep to understand more about how these EV software solutions are contributing to make a sustainable and efficient future. 

Battery Management: EV software applications are integrated with advanced battery management systems, which allow users to constantly monitor, control, and optimize battery utilization. This ensures efficient energy consumption, prolongs battery life, and prevents major issues like overheating and overcharging.

Charging Infrastructure and Optimization: These apps integrate with charging station networks, enabling them to track the real-time location of the EV stations. This allows users to schedule charging slots and even optimize charging based on demand. This helps reduce energy costs and supports smart grid management by balancing the load during busy Hours.

Autonomous Driving and Advanced Driving Assistance System: EVs are usually equipped with autonomous driving systems, which use AI and machine learning algorithms to enhance safety through features like automatic braking, lane-keeping assistance, and adaptive cruise control. These systems are quickly evolving and making EVs a frontrunner in self-driving technology. 

Over-The-Air(OTA) Updates: Like smartphones, many EVs are now supporting OTA software updates which means manufacturers can push new features, fix bugs and assure improvements to the vehicles remotely. This reduced the need for in-person service visits and kept the vehicle software up-to-date with the latest advancements.

Predictive Maintenance: EVs leverage software for predictive maintenance as these apps are integrated with AI capabilities that help in analyzing data from various sensors within the vehicle. By analyzing that gathered vehicle data, apps help in identifying the potential issues before they cause failure, reducing downtime and maintenance cost for vehicle owners.

So if you’re into the automotive industry and looking to transform the user experience of EV owners, then hiring mobile app developers in the USA to customize the EV software solution that delivers remote control of EVs and ensuring better management- will be a worthy decision.

But how to get started with this type of app?

How To Create Electric Vehicle Software For Your Automotive Business?

Getting started with the EV software solution becomes far more simple when you know the roadmap. So to make it easy to understand, here you can consider our step-by-step process ensuring EV software development with seamless integrations and optimal performance.

  • Understand Your core Objectives and Requirements

Instead of rushing straight to start developing an app, we gather information from the stakeholders to have a clear outline of the product’s goals, functionality and target audience. Our dedicated team of EV software developers then establish performance benchmarks, safety criteria and compliance standards.

  • Design The Architect Of App

Depending upon your app requirements, our tech experts create a layout for an appealing EV software design that seamlessly aligns with the vehicle’s systems. As a leading software development company in the USA, we consider hardware compatibility, app scalability, maintainability and safety requirements. 

  • Build Software Components

Here we create various software modules for different tasks like navigations, power management, and vehicle diagnostics, ensuring each work independently works and combines well with the rest of the system. We allow clients to hire developers of EV software to ensure that the code is readable and high-quality. 

  • Choosing the Right Tech-Stack

EV software solutions are comprehensive applications that require a powerful backend to make the entire app work like a well-oiled machine. To ensure optimum performance, we choose the best programming languages, frameworks and platforms based on the software’s complexity, the system’s requirements and desired level of performance. 

  • Integrate Software to EVs

Our electric vehicle app developers integrate software elements and evaluate their work with hardware systems to ensure faster connectivity, seamless communication, optimized performance and interoperability across all modules. 

  • Testing and Validation

Before we make your app live, our team conducts in-depth app testing to identify all the potential bugs and validate the functionality. Being at the forefront of providing top mobile apps development services in the USA, we follow both manual and automated app testing approaches in the real-world situations to meet our user’s expectations.

  • Deploy and Maintain Software

Finally, we help in installing EV telematics solutions on the Vehicle’s system, monitor its operation and provide frequent updates to fix errors and ensure long-term dependability. 

This is how MultiQoS can help you launch your EV software solution, but what type of solution really works for you? So here we have gathered a few top app ideas that may transform the user experiences.

What Type of Software Helps in Electric Vehicle Adoption?

With the software for electric vehicles advancing everyday, it becomes crucial to come up with an innovative solution that can enhance the EV experience. From monitoring battery usage to fleet management tools, the well thought solutions can improve the vehicle performance. 

Here are the few most innovative app ideas that can enhance the electric vehicle (EV) experience:

Smart Charging Locator

It would be a great app idea that helps users to find nearby charging stations in real-time along with the information like availability of slots, charging speed, and user reviews. To create this app, you need to integrate navigation features and reserve charging spots so that users can take advantage of this app idea.

Also Read: How to Develop an EV Charging Station Finding App & Costing

Eco Driving Coach

With this app solutions, driving behavior can be monetized and accordingly offers personalized tips to improve efficiency. Moreover, by constantly following the eco-driving tips through an app, a driver can reduce energy consumption and extend the battery life. It could include major features like gamification to encourage eco-friendly driving habits.

Battery Health Optimization 

An application that tracks the health of the RV battery, providing insights into the battery life, track charge cycles and set reminders. In addition, it can send alerts for maintenance or when it’s time to consider a replacement. 

Fleet Management Platform

An app designed for businesses that are engaged in managing electric vehicles and accessories. It could include features like price comparison. user reviews, dealer ratings and payment options. 

Emergency Roadside Assistance 

This will be a great app idea as EV workshops are less in comparison to oil-based cars, therefore launching an app that is specially designed for EV that offers 24/7 roadside assistance will be a great option. This type of app is specifically tailored to electric vehicles including features like charging assistance, flat tire services, towing to the nearest charging stations and more. 

No matter what type of app you are considering developing, the ultimate concern is to determine the average cost of developing EV software. Let’s delve into it!

How Much Does It Cost To Create Electric Vehicle Software?

Calculating the average cost to create an electric vehicle software is quite challenging especially when you are not sure what exactly you have been including in the app. 

Secondly, the cost of the app is influenced by various factors like complexity of the app, features, technologies, team of app developers and their locations. Still, calculating all such factors, here we have tried to conclude it into rough figures that can easily go above and low depending upon the requirements.

For basic app solutions that include simple features like a charging station locator, you can expect to spend anywhere between $10,000 to $20,000+.

For moderate complex app versions integrated with the features like user account set up, offering basic analytics and more, the cost will fall between $30,000 to $40,000+. 

And lastly, the advanced app version that involved advanced analytics and real-time data processing, the prices usually between $75,000 to $100,000+.

These figures can fluctuate based on the specific requirements and the development team’s location. So it is worth partnering with the MultiQoS development team, that can analyze the app requirements and prepare a strategic plan and accordingly provide the estimations. 

Conclusion

With the rising trend of digitization of vehicles and transportation networks, investing into EV software solutions has become an important decision in the mobility sector.

At the conclusion of this blog, it is clear that the demand for electric vehicles is going to increase but there is a scope of launching an app that allows users to operate, control and manage their vehicle more confidently and be able to experience luxury. 

So if you are into the automotive industry, looking to transform a customer’s driving experience, then hire a mobile app developer in the USA to create an EV software application tailored to your needs.

At MultiQoS, they have a complete team working under one roof, ensuring seamless communication, maintaining consistent transparency throughout the project , sharing regular project progress reports and most important work in a collaborative environment where client’s opinions are equally important.

So if you are ready with your requirements, then drop details below or contact us directly to get your project details evaluated by experts and get a clear estimation. 

Frequently Asked Questions

Unlike traditional cars, electric vehicles are technology driven cars that require application to control various functionalities such as battery management, motor control, and infotainment. Moreover, EV software helps manage EV charging stations, reduce battery consumption, and provide real-time charging information to improve vehicle’s overall efficiency. 

The major key component of EV Software that make it work flawlessly includes Powertrain Control Module (PCM), Battery management system (BMS), Vehicle control software (VCS), Integration of Over-the-Air (OTA) Updates, Using AI and ML, Big data Analytics for personalized Driving Experiences, Vehicle-To-Grid (V2G) technology and more. These components work together to overall improve the driving experience of users. 

The average cost to launch an EV software solution is ranging between $25,000 to $35,000+ for the simple app version whereas moderate to complex EV software solutions can range between $50,000 to $75,000+ depending upon the complex requirements.

Usually the simple app with basic features will take around 5 to 7 months whereas the app built with high-end features will take 9 to 12 months. These are the rough estimations that can easily jump high or low depending upon your requirements. 

Kashyap Pujara

Written by Kashyap Pujara

Kashyap Pujara is an experienced project manager, as well as a resourceful and driven IT expert with a track record of success in Stack Development and web development. Maintains exceptional planning abilities and is used to working under duress, maintaining calm and effective by carefully prioritising.

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