The EV Opportunity for OEMs and Utilities

Join Up and Plug In Now to the EV Market

Drive down TCO and educate drivers to grow the market

Energy utilities and OEMs will need to work together for EVs to become more attractive to a mainstream audience than traditional vehicles: the cost of charging must become more stable and competitive with gasoline and diesel, range and availability of charge points must become more convenient and reliable, and EVs must be able to hold a greater residual value.  Along the way, drivers will expect personalized insights and guidance to feel like making the switch to an EV will be a simple process and a sound investment. Customers are likely to engage with experiences that make them feel comfortable and confident.

Connect customer touchpoints for an integrated ecosystem

An integrated ecosystem will support the customer experience across purchase, ownership and re-sale. Deciding on an EV, buying power, accessing public infrastructure and adding on adjacent products and services should be seamless and continuously drive customer value. For OEMs, this means integrating energy services into vehicle sale journeys. For energy utilities, this means becoming a distribution channel for vehicles as well as power users.

New ways of collaborating

Energy utilities and OEMs must re-think how they work, collaborate, operate and organize in order to leverage current capabilities in new ways, create frictionless experiences, identify strategic partnerships and innovate to create new pools of customer value.

By coming together as an ecosystem, the future of EVs can become a success story for all stakeholders – not only will customers reap the benefits, but OEMs and utilities will drive value back to their businesses. The key is to join forces and start now.