http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.49Change: -0.02
R/$ = 11.88Change: 0.20
Au 1214.08 $/ozChange: 19.92
Pt 1149.50 $/ozChange: 15.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jul 27, 2012

Global automotive players uncertain of future, optimistic about electromobility

Back
Engineering|Africa|Components|Daimler|General Motors|Hyundai|Kia|KPMG Africa|KPMG International|Motors|Optimal Energy|Toyota|Africa|Asia|Europe|Brazil|China|India|Japan|Russia|South Africa|United States|Automotive|Electric Car|Electric Car Developer|Electric Passenger Car|Energy|Equipment|Motors|Payment Technologies|Services|Yearly Global New Car Registrations|Gavin Maile|Infrastructure|Mathieu Meyer|Motors|Power|Survey|Chevrolet Volt|Joule|Motors|Joule|Electromobility Technologies|Favoured Technologies|Fuel-cell Technology|Payment Technologies|Promising Fuel Technology
Engineering|Africa|Components|Motors||Africa|||Automotive|Energy|Equipment|Motors|Services||Infrastructure|Motors|Power||Motors||
engineering|africa-company|components|daimler|general-motors|hyundai|kia|kpmg-africa|kpmg-international|motors-company|optimal-energy|toyota|africa|asia|europe|brazil|china|india|japan|russia|south-africa|united-states|automotive|electric-car|electric-car-developer|electric-passenger-car|energy|equipment|motors-industry-term|payment-technologies|services|yearly-global-new-car-registrations|gavin-maile|infrastructure|mathieu-meyer|motors-person|power|survey|chevrolet-volt|joule-product|motors|joule|electromobility-technologies|favoured-technologies|fuelcell-technology|payment-technologies-technology|promising-fuel-technology
© Reuse this



Rising demand for fuel-efficient vehicles has led to electromobility being the most pressing trend in the automotive industry, but how and when fully electric cars will become a reality depends on a variety of complex and interrelated factors, states global professional services firm KPMG International’s yearly ‘Global Automotive Executive Survey’.

“Compared with previous years, this year’s findings show that automotive experts do not have a clear idea of the direction in which the industry is heading,” says KPMG global automotive head Mathieu Meyer.

KPMG Africa automotive leader Gavin Maile, in March, said that uncertainties and challenges had also impacted on South Africa’s roll-out of electric car developer Optimal Energy’s electric car, the Joule.

Engineering News reported in June that Optimal Energy would close its doors that month, following its failure to secure the estimated R7-billion in funding required for the development and industrialisation of its Joule electric passenger car.

Further, the infrastructure require- ments and payment technologies relating to electric cars are substantial and impacts any possible roll-out of such cars in South Africa, Maile noted.

Electromobility Technology
KPMG reports that electrified vehicles will not exceed 15% of yearly global new car registrations before 2025.

“Globally, hybrids are expected to lead the market and attract the most investment in the interim, while also being expected to outsell battery-powered cars several times over in 13 years’ time.

“Further, full hybrids and plug-in ver- sions are expected to be the favoured technologies, followed by fuel-cell vehicles,” says KPMG.

However, in China and Japan, 33% and 46% of respondents respectively said battery-electrified vehicles would be the most popular, followed by fuel-cell vehicles.

KPMG results estimate that, over time, fuel-cell vehicles will be seen as a more promising prospect than battery-electrified cars, especially in the emerging nations of Brazil, Russia, India and China (Bric).

“Fuel-cell technology has not yet realised its full potential, although car manufacturers Daimler, Hyundai, Kia, Toyota and General Motors are already very active in this area,” states KPMG.

Further, the report estimate that full and plug-in hybrids, as well as fuel-cell vehicles, are likely to be in greatest demand, while battery-powered cars with range extenders, like the Opel Ampera, Chevrolet Volt or the A1 E-Tron should edge ahead of pure electric cars.

Meanwhile, nearly two-thirds of respondents globally said that, over the next five years, optimisation of the internal combustion engine offered greater efficiency and the most potential for reducing carbon dioxide emissions than the current electromobility technologies.

The KPMG report earmarks China as being the world’s biggest market for auto- motive sales and exports by 2025, with demand for electric vehicles expected to be the highest in the Bric nations.

Survey respondents from the Bric nations believe fuel-cell-powered vehicles will attract the most consumer demand, with the exception of China, where pure battery-powered vehicles are expected to come out on top.

The biggest challenge in terms of elec- tromobility among manufacturers and suppliers will be to identify the most promising fuel technology to power the electric car by 2025, says KPMG.

Technology Leaders
KPMG adds that, while the industry continues to weigh the advantages of various e-technologies, it is clear that ownership of the e-components space, comprising battery management, power electronics, e-motors, battery cells and packs, will draw competition among original-equipment manufacturers (OEMs) and suppliers.

OEMs are predicted to play a leadership role in the development of these technologies and are expected to be the dominant force in electric and traditional propulsion technologies, says KPMG.

The industry will see competition and collaboration among OEMs and suppliers increase as companies fight to win in the marketplace.

The survey results show that Asia- and Europe-based OEMs are most likely to gain significant market share over the next five years, with seven out of the ten fastest- growing automotive manufacturers expected to be from Asia.

The majority of respondents believe that China will lead in the sales and exports of vehicles by 2017, followed by the US, with Brazil and India in a close tie for third place.
The future success of electromobility is based on engagement in electromobility technology, as well as focusing on coope- ration and alliances among OEMs and suppliers, states KPMG.

Edited by: Chanel de Bruyn
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Automotive News
 
Latest News
South Africa’s crude steel production dropped by a sizeable 17.2% year-on-year to an estimated 530 000 t in April, amplifying a global trend that saw world steel production decline by a comparatively marginal 1.7% to 135-million tons in the fourth month of the year....
The Treasure the Karoo Action Group (TKAG) on Friday called on government to delay publishing final regulations and issuing rights for shale gas exploration in the Karoo, until a 24-month strategic environmental assessment (SEA) has been concluded. TKAG CEO Jonathan...
More
 
 
Recent Research Reports
Steel 2015: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2015 report provides an overview of the key developments in the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon...
Projects in Progress 2015 - First Edition (PDF Report)
In fact, this edition of Creamer Media’s Projects in Progress 2015 supplement tracks developments taking place under the Renewable Energy Independent Power Producer Procurement Programme, which has had four bidding rounds. It appears to remain a shining light on the...
Electricity 2015: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
 
 
 
 
 
This Week's Magazine
While economic forecasts for the African continent are most favourable, African airlines may not be able to benefit from the expected growth in the region’s gross domestic product (GDP), International Air Transport Association VP: Africa Raphael Kuuchi has warned....
The Automotive Production and Development Programme (APDP) will need to change substantially post 2020, says Metair Investments South African operations COO Ken Lello. “We must not make tweaks. We have to change. What we are doing is not sustainable.”
Banking group Absa’s forecast is for the rand to end the year at around R13 against the dollar, weakening further to R13.50 by 2016, says Absa sectoral analyst Jacques du Toit. He warns that possible interest rate hikes in the US may see capital being pulled from...
The Dispute Resolution Centre at the Bargaining Council for the Civil Engineering Industry (BCCEI) is now open to handle party-to-party disputes. The BCCEI represents the interests of all level four to nine Construction Industry Development Board companies.
FREDRIK JEJDLING Sustainability becomes an important part of a business’ decision-making process
Communications technology firm Ericsson sub-Saharan Africa head Fredrik Jejdling says the company’s commitment to sustainability and corporate responsibility has been integrated into all facets of its operations, which has provided it with sustainable revenue...
 
 
Article contains comments
The revised e-toll tariffs, announced by Deputy President Cyril Ramaphosa on Wednesday, has solicited mixed reactions from businesses, the public and unions in South Africa. Although still generally rejected by the broader public, Business Leadership South Africa...
While there has been widespread rejection to the revised e-toll tariffs announced on Wednesday‚ a large debt counselling company said they “will bring welcome relief to hard-pressed consumers”. Deputy President Cyril Ramaphosa said that road users in Gauteng will pay...
Madagascar President Hery Rajaonarimampianina
The European Investment Bank (EIB) has given Madagascar a €300-million ($333-million) loan to go be used to rehabilitate roads, power and energy infrastructure, the island state said. The president's office in Madagascar said in a statement late on Tuesday that the...
Article contains comments
Article contains comments
Article contains comments
More
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96