Arthur D. Little has released its worldwide automotive market report. Key findings are that the desire for car ownership remains strong, especially amongst the young, and that drivers are considering a dramatic switch to electric and hybrid vehicles.
This will impact manufacturer and supplier engine strategies and push for faster development of EV ecosystems, such as charging solutions, says ADL.
Drivers are now much more willing to embrace alternative drivetrains. 58 percent would accept paying more for hybrids, and 50 percent for EVs. [Read more…] about Global automotive study ‘outlines importance of car in changing world of mobility’