![What Is Asset Tokenization? Types, Why It Matters Now [2025]](https://coininsights.com/wp-content/uploads/2025/05/asset_tokenization-360x180.png)
Blockchain technology has seen an upward trend in usage in the past two years. Various industries depend upon the transparency and consolidation of blockchain to keep track of their business. One such industry that could have heavily backed upon blockchain is electronic vehicles, however, a stagnation in the industry could also hurt blockchain’s prospects.
EV industry to face saturation
In an interview with Yahoo Finance, CFRA VP Garrett Nelson said that the EV market is extremely oversaturated right now. He added that the outlook for electronic vehicles in terms of production has been rosier than reality. Nelson believes that EV makers will possibly see good profitability only after 2-3 years from now.
The remarks come at a time when the EV industry is seeing a slowdown in upcoming profits. The industry behemoth BYD Electronics has predicted a slower 2023 profit as compared to 2022. Even Tesla had jumped on the same bandwagon to say their short-term growth is currently dicey.
Blockchain spur to take a hit with EV industry
As the EV industry approaches its saturation, a sector that could see its ripple effect is blockchain technology. The use of this technology in EV cars was expected to be a great expansion. However as the EV hype dies down, so will the outlook for digital ledgers.
EV markets are supposed to be one of the biggest users of blockchain in the future. But as the segment faces uncertainties, the blockchain expansion could see one of its biggest customer bases disappear. Since its inception, digital ledger technology has always seen ways to grow beyond just the crypto space. The customer base and user base of the technology have just started reaching highs. If the EV setback does take place in the future, it will likely result in a slow growth prospect for the blockchain industry.
The blockchain and EV interdependence
There are currently several applications for blockchain in the EV car sector. According to Forbes, it is inevitable that most automobiles in the future will be electric. Utilizing blockchain technology for EV-related businesses will accelerate the growth of the EV sector. There are several reasons why owning an EV can be difficult, but the two main ones are the scarcity of charging stations and the high initial cost of the vehicles. Blockchain technology offers a solution to these issues for EV operations. Applications built on blockchain technology have a track-and-trace function. EV manufacturers can monitor the materials as they are brought in for production because of this feature.
According to McKinsey research, digital ledger technology has the potential to offer the infrastructure for advanced networks that control distribution, trade, sales, and payments. Blockchains and smart contracts can reduce costs and speed transactions, which could assist in alleviating pain points and friction that exist along the entire power value chain.
Hello. impressive job. I did not expect this. This is a remarkable story. Thanks!
I?¦ve learn a few excellent stuff here. Definitely value bookmarking for revisiting. I wonder how a lot attempt you set to create such a great informative site.
hey there and thanks on your info – I have definitely picked up something new from right here. I did on the other hand expertise a few technical points the use of this site, as I skilled to reload the web site many times prior to I may get it to load correctly. I have been wondering in case your web host is OK? Now not that I’m complaining, however sluggish loading circumstances instances will sometimes have an effect on your placement in google and can injury your quality score if ads and ***********|advertising|advertising|advertising and *********** with Adwords. Well I am including this RSS to my e-mail and can glance out for much more of your respective fascinating content. Ensure that you replace this again very soon..
I?¦m now not certain where you’re getting your info, however great topic. I needs to spend a while studying more or figuring out more. Thanks for fantastic information I was searching for this info for my mission.
Hello There. I found your blog using msn. This is a really well written article. I’ll be sure to bookmark it and come back to read more of your useful info. Thanks for the post. I will definitely comeback.
The layout is visually appealing and very functional.
This site truly stands out as a great example of quality web design and performance.
The layout is visually appealing and very functional.
The content is engaging and well-structured, keeping visitors interested.
This website is amazing, with a clean design and easy navigation.
The layout is visually appealing and very functional.
The layout is visually appealing and very functional.
Wow, superb blog layout! How long have you been blogging for? you made blogging look easy. The overall look of your website is great, as well as the content!
Purdentix