The automotive industry that spans the globe is one of the most consistently evolving industries in the world. Additionally, it also happens to be one of the most consistently performing industries in the world. There is nothing quite as compelling as an industry that has been largely, if not entirely responsible for the life changing innovations that have changed life as we know it in some way or another. In the automotive industry, it was the life changing evolution of transportation from point A to point B and beyond that made the most positive impact.
Today, the automotive industry is experiencing yet another evolution. This is an incredible time for the automotive industry, and it is a time that has been brought to vibrant life thanks to modernisations like digitalisation and technological advancement and their impact on the global automotive industry as a whole. Decidedly electric in nature, this latest and greatest innovation in automotives is transforming the industry from the inside out, introducing the dawn of a new era that is pivoted directly towards a more environmentally, ethically, morally, and sustainably sound future.
The company pioneering the next iteration
Tesla is the pioneering force leading automotives into their next evolution, the electric vehicle. To date, we have begun to see the first fleets of electric vehicles roll out of the manufacturer’s doors and onto roads around the globe. What we have seen so far has been an incredible show of what is possible when an entire industry embraces and idealises modernisation. Tesla introduced its first electric vehicle a few years ago. At the time, the technology bringing the vehicle to fruition was still so fresh it was affordable only to the rich.
The powerful position of Tesla and the EV today
Today, however, all that is changing, with Tesla recently releasing the Model 3, its most affordable electric vehicle to date. Of course, there are still additional expenses like insurance which could really add up, especially if you need to get the comprehensive package. Car insurance UAE, for instance, is mandatory to getting your loan processed and approved. And that’s not to forget the charging costs of the vehicle charging station itself, however all in all it looks like electric vehicles are finally becoming more easily and readily available for many people. This is an entirely new frontier in the automotive industry. It is a frontier that is proving itself time and again to be exceptionally successful and full of hope and promise for what is yet to come.
The future of the electric vehicle and Tesla itself
More than ever, the future of electric vehicles is brighter than it has ever been. There are more innovations in electric vehicles coming to the forefront all the time, essentially paving the way for a more easily and widely accessible future for the electric vehicle. In terms of Tesla’s future specifically, this is an automotive manufacturer that has found a way around even the most steadfast of challenges time and again, persisting at every twist and turn to evolve into a bigger and better iteration of its former self. The electric vehicle and Tesla are only just starting their rise to the top. The best is yet to come.