Study: “E-cars will be leading the market in 2030”

E-cars could overtake cars with conventional engines in market share by 2030, Angela Schmid writes for WirtschaftsWoche, referring to a study by consultancy PwC. “One in three new cars registered in Europe in 2030 could be an e-car,” she writes, compared to 28 percent for conventional vehicles. In a press release, PwC’s Felix Kunhert said that by 2030, “the majority of new cars will have combustion engines” but most them “will be in hybrid vehicles”. He added that government policy had an “enormous” influence on the development of e-mobility, citing free parking spaces in Norway and subsidies for decarbonised vehicles in China as examples for supportive measures.

Read the article in German here.

Read PwC’s press release in German here.

For more information on German carmakers’ efforts to shift to decarbonised mobility, see the CLEW dossier The Energiewende and German carmakers.