Today, there are many recent developments that focus on improving the electric vehicles and their components, particularly regarding advances in batteries, energy management systems, autonomous features and charging infrastructure. This plays an important role in developing next electric vehicle generations, and encourages more efficient and sustainable eco-system. This paper not only provides insights in the latest knowledge and developments of electric vehicles (EVs), but also the new promising and novel EV technologies based on scientific facts and figures—which could be from a technological point of view feasible by 2030. In this paper, potential design and modelling tools, such as digital twin with connected Internet-of-Things (IoT), are addressed. Furthermore, the potential technological challenges and research gaps in all EV aspects from hard-core battery material sciences, power electronics and powertrain engineering up to environmental assessments and market considerations are addressed. The paper is based on the knowledge of the 140+ FTE counting multidisciplinary research centre MOBI-VUB, that has a 40-year track record in the field of electric vehicles and e-mobility.