Download this report for forecasts of eight different powertrains across major regions, including hybridisation, electrification and internal combustion engines, which reveal changes that will have big implications for automotive design. 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 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 the business intelligence unit of Automotive from Ultima Media, which also publishes Car Design News. Our research highlights pressing automotive industry and technological developments, risks and opportunities. Keep up with analysis on other industry trends here.
For more information contact:
Daniel Harrison, automotive analyst
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