The market for AI-based applications for EV energy management is expected to grow at a 27.8% compound annual growth rate (CAGR) over the next decade.

Revenue generation within the market is expected to increase from $298.7 million in 2020 to $2.7 billion in 2029.

While many EV drivers are enthusiastic about their vehicles, prospective customers have legitimate reasons for hesitating to make the switch, including shorter driving range, inconvenient charging, and insufficient knowledge of what to do when problems occur.

The EV industry is aware of these concerns, and is aggressively applying AI technology to enhance the EV experience.

Car manufacturers use artificial intelligence in just about every facet of the car-making process. Examples of AI in the automotive industry include industrial robots constructing a vehicle and autonomous cars navigating traffic with machine learning and vision.

Artificial intelligence has been creeping its way into the field, enabling self-driving vehicles to fulfill delivery orders.