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EV sales surged to nearly 20% of the global market share in the 1st half of 2023, marking a remarkable acceleration in the auto industry disruption. In the not-so-distant future, the vehicle electrification won’t merely be a “differential factor” but instead, it’s poised to become the new automotive standard. This EV shift is unfolding at an even faster pace than anticipated. However, do not lose sight of the fact that this is just the beginning of a much larger transformation when considering the grander scheme of software-defined vehicles.