A manufacturer of Electric Vehicle Supply Equipment (EVSE) set out to develop the next generation of its charging stations after successfully launching its first commercial product. While the initial design was primarily installed in commercial parking facilities, the new platform was intended to expand into the residential market, requiring a more cost-effective hardware architecture without sacrificing performance or reliability. The engineering objective was to redesign th

When companies outsource hardware development, one of the biggest challenges is understanding where the budget will actually be spent. While every project is different, the same cost drivers appear in most development programs. Knowing these early helps businesses make better decisions, avoid unexpected expenses, and keep projects on schedule. 1. Product Development and Engineering The largest share of the budget is usually invested in engineering. This includes defining requ