LAST year, global sales for electric vehicles (EVs) increased by 60 percent worldwide, and one in every seven passenger cars purchased globally was an EV. In contrast, just five years earlier, only one in every 70 cars bought was an electric vehicle. Consumer demand for EVs is at an all-time high, but the growth of this sector may mean unprecedented security challenges.
The industry is in the midst of a rapid expansion phase. New EV charging stations are popping up in parking lots and on street corners the world over. However, the new installations could prompt cyberattackers to target EV charging networks, the vehicles themselves, and/or the connected power grids.
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