Thriving in an electric future: Assessing the challenge of accelerating EV proliferation on states and utilities
The automotive industry is on the verge of a "step change"; a personal transportation evolution the likes of which has not been seen since internal combustion engines replaced the horse and buggy.
Electric vehicles are currently being introduced by virtually all Automotive manufacturers, including many new companies with significant funding, resulting in literally hundreds of new electric models.
Business as usual no longer applies. The increase in electric vehicles is already disruptive. Opportunities will come to the organizations that are most aware, knowledgeable, and proactive.
No longer speculation, the future is electrified
Global and State governments are drafting legislation to ban internal combustion engines within two automotive model cycles.
Many OEMs have committed to carbon neutrality by 2035 and are mandating their dealers commit hundreds of thousands of dollars retrofitting their facilities or stop selling the brand.
State electric vehicle demand is growing in unexpected areas, even in markets where legislation is not driving the change. We can no longer look at the market simply at the national level.
How can you ensure that your state/utility not only weathers this change but is positioned to win?
- Major revision for global light vehicle forecast, production impacted well into 2022
- Medium Heavy Commercial Vehicles: The other face of the pandemic in Brazil
- Fuel for Thought: A Rocky Recovery in the Second Year of the Pandemic
- Substantial Internal Cannibalization for Incremental Models
- IAA Mobility 2021: Germany’s new auto show to focus on electric autonomous vehicles and mobility
- Hybrid: Bridge to Electrification – August 2021
- How will 5G impact the driving experience for the consumer?
- Brand Loyalty Among US Auto Consumers Drops to Six-Year Low
IHS Markit is excited to attend MOVE this year. As the leading thought leader in automotive mobility, we are keen t… https://t.co/imEluizURo
Register now for our retail webinar: Improve your audience targeting with best practices. Learn data-driven strateg… https://t.co/uL60Sw4kJO