Download this report for forecasts of eight different powertrains across major regions, including hybridisation, electrification and internal combustion engines, which reveals changes that will have huge implications for the future of automotive manufacturing. The latest insight by the business intelligence unit of Automotive from Ultima Media
The next decade will be an electrifying one for the automotive industry. A combination of stricter environmental policies, declining battery costs and developing technologies will see hybrid and electric powertrains overtake the internal combustion engine (ICE) powered purely by petrol or diesel.
According to the latest forecast and report by Automotive from Ultima Media (login or register here to download for free), the market share of new vehicles with hybrid or electric powertrains will rise dramatically from around 8% today, to 55% by 2030. Pure petrol and especially diesel-based powertrains will see double-digit declines over the decade.
However, the rate of regional adoption will vary according to regulatory differences, purchase subsidies, charging infrastructure and consumer preferences.
This extremely complex landscape is explored at length in this report, including detailed forecasts, definitions and analysis by powertrain type, by region and major markets. It also provides insight on regulations and analyses implications for OEMs and tier suppliers.
This report is the next in the series from Automotive from Ultima Media’s business intelligence unit. The series of reports will highlight pressing automotive industry and technological developments, risks and the resulting business growth opportunities that will emerge across the value chain.
For more information contact:
Daniel Harrison, automotive analyst
Christopher Ludwig, editor-in-chief
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