Electric vehicles face challenges despite infrastructure roll out

A report released by the Boston Consulting Group
questions the ‘dominance’ of the electric vehicle era, arguing that internal
combustion engines will continue to improve enough to cut CO2 emissions and
enable automakers to hit their 2020 emission targets.

Whilst they acknowledge that automakers will need to
improve across a number of areas, including vehicle mass, aerodynamics and
power management, in order to hit their emission reduction goals, BCG believe these
petrol-fuelled engine improvements will make it tough for EV’s to go mass
market, largely because of price.

BCG also argue that China and Europe will be the
biggest EV markets, with EV’s predicted to represent 7 per cent of China’s new
car sales and 8 per cent of new car sales in Europe in 2020. Read more about
BCG’s predictions and projections of the percentages of new car sales on the
Smart Planet site here.

Meanwhile, governments around the world are continuing
to drive demand for EV’s through the installation of the supporting charging
infrastructure. Following our recent reports of infrastructure installation in
Sydney and Melbourne, this week it was announced that EV infrastructure will be
installed in both Quebec and Montreal, Canada’s first roll-out of the EV
charging infrastructure.

Share this:

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our blog
  • You can unsubscribe at any time using the link in our emails. For more details, review our Privacy Policy.
  • This field is for validation purposes and should be left unchanged.

Subscribe to receive the latest Wayfinding Blog straight to your inbox.
  • This field is for validation purposes and should be left unchanged.