CONNECTED CAR
CONNECTED CAR
Although these may seem like standard procedures when dealing with mobile phones and contactless payments , it ’ s important to emphasise the similarities between them , while also recognising that cars must follow suit if they want to utilise the benefits of digital .
Security is also a consideration for those using other means of transport , such as ridesharing and rentals . The industry is rapidly extending its use of fintech for various means : Uber , for example , collaborates with a fintech provider that offers consumers the opportunity to obtain an EV through the pay-to-rent model .
Fintech apps are also leveraging capabilities beyond their remit to provide customers with comprehensive services . An example of this is the ability to find a suitable charging station , pay for charging at the plug , and make use of other automotive services .
According to PwC ’ s report , ‘ Cyber readiness : are auto companies prepared to counter the risk of an attack ?’, every convenience comes at a cost . Automotive manufacturers must be more proactive in dealing with cyber risks before they inevitably arise , but many firms are currently only reactive to the changes in the EV landscape from an electrification standpoint .
40 [ Jan 2023 ] EVMAGAZINE . COM