Problems and Opportunities

1.Challenges in the Automotive Industry

• Unnecessary intermediaries and fees resulting from distrust between buyers and sellers

• Lack of EV charging infrastructure and low interoperability among existing platforms

• Consumer concerns about vehicle accident history and part authenticity

2.Opportunities

• Blockchain technology can create a transparent, trust-based transaction environment

• Distributed ledger and smart contracts enable direct transactions without intermediaries

• Sharing EV charging stations and decentralizing the ecosystem can solve infrastructure issues