MENU

Electromobility drives along in the low gear, study finds

Electromobility drives along in the low gear, study finds

Market news |
By eeNews Europe



Among the traditional automotive markets, France and Great Britain have the highest registration figures for battery electric vehicles (BEVs) and hybrid electric vehicles (HEVs) – in 2015, registration of such vehicle categories almost doubled to still meagre 1.2 % and 1.1 % of all new car registrations. Germany and the U.S. can be found in the middle field with EVs and BEVs accounting for some 0.7% of all new vehicles. In the U.S., this figure was even declining (from 0.73% in 2014 to 0.66% in 2015). A similar trend has been observed in Japan where the market share was 0.6%. In contrast, acceptance for electromobility is climbing in China where the market share already has reached the 1% threshold. Driven by strong incentives and amidst a still growing economy, the market share is expected to climb further, the study says.

Another country that saw a remarkable increase of e-mobility acceptance were the Netherlands. Here, the admission figures for e-cars tripled to more than 43.000 units thanks to extensive incentive structures. With this number of electric and hybrid vehicles on the roads, the Netherlands rank third globally after China with 207.000 and the U.S. with 115.000 new admissions. Also in the top-five are Great Britain with 34.000 and Norway with 28.000 vehicles. According to CAM estimates, the global market for battery and hybrid electric vehicles grew by 75% to 560.000 cars, mainly on the account of China. “To achieve sustainable growth in electromobility, it takes a combination of technological innovation in the industry and an overall concept containing a regulatory framework and financial incentives,” commented CAM director Stefan Bratzel. “The much discussed buyer’s premium falls short of meeting these preconditions”.

According to the study, three measures are necessary to increase market share of electromobility: First, vendors should put more emphasis on the competitiveness of electric vehicles in comparison with conventional ones. In addition, innovations should be fostered that bring about higher driving range and lower battery cost; all these measures aiming at making electric vehicles more attractive at the markets. Second, the charging infrastructure needs strong improvements in quantity and quality. So far, there is a lack of solid business models for potential operators to justify the investment. Public incentives would make a lot of sense here, the authors of the study say.

Third, electromobility only makes sense if the charging energy comes from regenerative power sources – a field where legal frameworks need to be created, the study concludes.

<!– /* Font Definitions */ @font-face {font-family:Arial; panose-1:2 11 6 4 2 2 2 2 2 4; mso-font-charset:0; mso-generic-font-family:auto; mso-font-pitch:variable; mso-font-signature:-536859905 -1073711037 9 0 511 0;} @font-face {font-family:"MS 明朝"; mso-font-charset:78; mso-generic-font-family:auto; mso-font-pitch:variable; mso-font-signature:-536870145 1791491579 18 0 131231 0;} @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:auto; mso-font-pitch:variable; mso-font-signature:-536870145 1107305727 0 0 415 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-unhide:no; mso-style-qformat:yes; mso-style-parent:""; margin-top:6.0pt; margin-right:0cm; margin-bottom:6.0pt; margin-left:0cm; line-height:150%; mso-pagination:widow-orphan; font-size:11.0pt; mso-bidi-font-size:12.0pt; font-family:Arial; mso-fareast-font-family:"MS 明朝"; mso-fareast-theme-font:minor-fareast; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} .MsoChpDefault {mso-style-type:export-only; mso-default-props:yes; font-family:Cambria; mso-ascii-font-family:Cambria; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"MS 明朝"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Cambria; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} @page WordSection1 {size:612.0pt 792.0pt; margin:70.85pt 70.85pt 2.0cm 70.85pt; mso-header-margin:36.0pt; mso-footer-margin:36.0pt; mso-paper-source:0;} div.WordSection1 {page:WordSection1;} –> Center of Automotive Management: www.auto-institut.de

Related news:

Green mobility, automation drive power electronics market

If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :    eeNews on Google News

Share:

Linked Articles
10s