The car business is an industry evolving at an accelerating pace, with many exciting innovations that constantly present us with challenges. The electric car sector is a hot area that is growing faster than any other. Today, there are around 7-8 million electric cars and plug-in hybrids on the world’s roads. Sales of electric cars and plug-in hybrids have exploded in the past few years and are not expected to weaken anytime soon, according to estimates produced by the International Energy Agency.
At Stringo, we are following this trend in lockstep with carmakers. This is why our R&D department is working on new solutions for the challenges we see coming down the road. On traditional cars, Stringo normally grips one set of wheels, but in the future, we will also offer a solution for both sets of wheels – front and rear – which will make it easier to move not only electric cars but some other special vehicles too.
Developments in this area are being led by China, where we recently set up our newest subsidiary. We are currently anticipating up to 100 new carmakers in the electric car sector, whose development we can now follow on the ground. China is the world’s fastest-growing car market and the country is working hard to encourage more people to choose electric to reduce smog and pollution problems in its cities. By the end of 2020, 25 percent of the cars sold in the country are expected to be electric.
But they are not alone. Other countries such as Sweden, Norway, and Iceland are trying to promote the use of rechargeable vehicles in different ways. Electric cars and plug-in hybrids place special demands on vehicle movers. This is why our R&D department is working on developing and adapting our products for this new, growing market.
“The car industry is generally a very innovative market,” says Magnus Grafström, CTO of Stringo. “Being a part of this journey is a privilege and sometimes you have to pinch yourself! But we’re happy to take on the challenges it brings. It’s also one of the things that make us unique, listening to the market, and finding solutions to meet our customers’ needs. This definitely applies to the electric car market now, too.”
At Stringo, we will soon be completely prepared for these challenges and to follow the trend on the market.