Automakers are reviving combustion engines, French supplier OPmobility says

OPmobility says U.S., German and French automakers are producing EVs at levels currently 40 to 45 percent below initial expectations, which means they are continually adjusting capacity and the way they work with suppliers.

Automakers are reviving combustion engines, French supplier OPmobility says

Automakers Pursue ICEs as EV Demand Faces Challenges

In a surprising twist in the automotive industry, traditional internal combustion engines (ICEs) are seeing renewed interest as electric vehicle (EV) sales growth experiences unforeseen hurdles. This revelation comes from a recent analysis shared by a French automotive supplier, shaking the core of many manufacturers’ future strategies.

The Current Stance of Automakers on ICEs and EVs

Automakers around the globe have been planning a significant shift towards electrification. However, recent trends and challenges have prompted a reconsideration of ICEs. Key takeaways include:

  • Market Demand: Despite initial enthusiasm, the adoption rate of EVs is not scaling as rapidly as anticipated.
  • Infrastructure Issues: The EV charging infrastructure is still underdeveloped in many regions, hampering the growth of EV sales.
  • Cost Concerns: The costs associated with EV manufacturing and battery production remain high, affecting the final price for consumers.
  • Technology Advances: Ongoing improvements in ICE technology have resulted in lower emissions and better fuel efficiency, keeping these engines relevant.

Future Implications for Vehicle Owners

For vehicle owners, this dual focus on both ICEs and EVs presents unique opportunities and challenges:

Benefits

Credits:https://europe.autonews.com/automakers/french-supplier-says-automakers-betting-ices-ev-sales-slow

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