Since 1886, when the first automobile was conceptualized by Karl Benz, the automotive industry has undergone multiple changes. However, none have been as significant as the evolution of electric vehicles (EV) and fuel cell vehicles (FCV). These advancements have not only driven a shift towards sustainability, digital integration, and innovative design in the industry but have also brought about changes in automotive architecture, manufacturing, and user experience. This transformation is not just limited to replacing internal combustion engines with electric motors; it has far-reaching effects on the technological, intellectual property (IP), and innovation landscape. In this article, we will explore the various aspects and implications of this evolution in the automotive industry. Let’s take a look at what lies ahead for us.