The consulting company KPMG asked hundreds of managers what trends they expect in the automotive sector. Despite the policy that is completely geared towards e-cars, the future for the Stromer seems to be rather poor in many countries.

It is now in its 23rd year, the traditional survey of automotive executives by the consulting firm KPMG. More than 900 of them, in 30 countries, answered the “Global Automotive Executive Survey” now presented. An important result: The prospects for electric cars are seen far less rosy than last year.

While the forecasts made by executives for the share of e-cars in 2030 were between 20 and 70 percent last year, the enthusiasm has cooled significantly: now the majority of the answers are between 10 and 40 percent. The prospects for electric cars are not only much more negative overall, the range between the extremes has also narrowed.

Three markets in particular are crashing:

Another warning signal for all car manufacturers who rely solely on battery-powered vehicles: the closer the study participants are to the customer, the less enthusiastic they are about electric vehicles. For example, in the US, executives employed directly by the manufacturer believe that by the start of the new decade, electronics will account for as much as 30 percent of the market. The dealers, on the other hand, assume a full 22 percent.

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Both numbers are far from the bold 50 percent target announced by US President Biden. One cannot assume that the respondents are overly critical of e-mobility: 77 percent of them believe that customers will wait half an hour or more to charge their battery to 80 percent Half of executives ‘very concerned’ about availability of materials for electric cars.

Many raw materials are currently being mined and processed in China in particular. “The number of new lithium, cobalt and nickel mines and processing plants required is in the hundreds,” warns the KPMG study. Increasingly complicated customs and trade regulations are making the situation even more difficult. Autonomous vehicles, in which billions are known to have been invested, are now also being assessed more cautiously: “The executives continue to see the prospects of the technology as positive, but they still see the time when it will be used in the big cities in the future,” according to the study. Because the implementation is “more complex than previously thought”. It requires “patience and deep pockets.” (Jens Meiners, cen)

This article was written by Jens Meiners, cen

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