Padma Warrior: We're Working on Electric Car 3.0

The video discusses advancements in electric car technology, highlighting the evolution of the automotive industry through three phases: mechanical systems, electronics and electrification, and digital systems. It outlines the company's strategy to enter the market in China and the US, emphasizing partnerships over owning manufacturing facilities. The video also addresses the goal of making electric cars more affordable by leveraging increased production volumes and technological advancements.

What role does software play in the future of electric vehicles as described in the text?

What factors contribute to making electric vehicles more affordable according to the speaker?