In the next four years, up to 160 new models of electric vehicles may appear in the world, and more than 50 new manufacturers of such vehicles will compete for market share. By 2030, BEVs (pure electric vehicles) are estimated to account for 24% of total new car sales in Europe. – the results of the 23rd edition of the KPMG report entitled “A global survey of leaders in the automotive industry”.
Compared to the previous edition of the study, the outlook for the electric vehicle market has changed dramatically. In 2021, automotive directors from Europe were very optimistic about the prospects for electric vehicle sales, estimating that they could reach up to 49 percent. European market share by 2030. In the latest edition of the KPMG survey, conducted at the end of 2022, these estimates fell to 24 percent. total passenger car sales in 2030 on our continent.
50 new manufacturers
“While expectations for EV sales both in Europe and worldwide in 2030 have become more realistic, automakers have committed to invest more than $500 billion in EV programs and it is estimated that up to 160 new EV models could hit the global market. . More than 50 new manufacturers are vying for a share of this market. EV growth forecasts are affected, among other things, by the still large price disparity between EVs and alternatively powered vehicles. 70 percent of KPMG survey respondents believe that by 2030 the price of electric vehicles without government subsidies will be equal to the prices of cars with internal combustion engines - says Miroslav Michna from KPMG in Poland.
Infrastructure fails
Although the dynamics of the increase in the registration of new electric vehicles in Poland in 2022 decreased compared to the previous year, it remains at a relatively high level compared to other selected European countries. According to ACEA, in 2022 the number of registrations of new electric vehicles (battery cars and plug-in hybrids) in Poland increased (year-on-year) by 29%, in the Netherlands by 14%, in the UK by 21%. , and in Germany by 30 percent “Developing infrastructure for charging cars with such a drive is an invariably big task associated with the popularization of electric vehicles. Since 2016, the number of electric vehicles sold in the EU market has increased 17 times, and the number of public charging points has increased 6 times over the same period. 2/3 of the world’s automotive industry managers believe that 30 minutes is the maximum time allowed to wait for a battery to be at least 80% charged. - — says Przemysław Shivach from the Polish branch of KPMG.
Source: Wprost
I am Jason Root. I work in the news website industry and mostly cover the automobile industry. I have also written for Daily News Hack. My work revolves around new car models, prices, and features. In addition, I often write about used cars and tips for buying them. My articles are meant to be helpful for those who are in the market for a new or used car.
