Another major trend is that batteries are also getting bigger and heavier to address consumer “range anxiety.” The biggest factor holding back EV sales is the fear of insufficient electric vehicle range, with consumers worried that their vehicles are running out of battery and that they are still far from the nearest charging station.
At present, most OEMs choose to install larger and heavier batteries to increase the cruising range, which takes up the space of the electrical system. Therefore, it is also important to use lighter, smaller components in the electrical system to offset the increased battery space and weight.