The development of autonomous vehicles (AV) continues at a fast pace. Ford and GM, for example, have invested heavily into this technology to launch commercial models as early as 2020, while Japan hopes to showcase AVs at the 2020 Tokyo Olympics manufactured by Toyota and Honda. As remarkable as these advances are, significant business challenges remain.
The big picture: Automation comes at a price, and that price is power. The more autonomous features a vehicle has, the more power it requires from its battery system. As AV technology develops, larger batteries will be required that will, in turn, require longer charger times.