http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.63Change: 0.12
R/$ = 10.98Change: -0.02
Au 1195.65 $/ozChange: -3.51
Pt 1218.50 $/ozChange: -11.50
 
 
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 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
Updated 4 minutes ago Ghana's government has given Italian energy firm Eni the final green light to develop gas resources in the Offshore Cape Three Points (OCTP) block, expected to begin production in 2017, it said on Monday. The government, hoping to boost oil and gas production, said...
Updated 2 hours 4 minutes ago Electrical, instrumentation and control engineering firm Proconics has concluded a deal that will see private equity newcomer Dlondlobala Capital taking up a 26% stake in the 19-year-old company. “Proconics is committed to meeting the compliance and legislative...
Updated 2 hours 7 minutes ago Independent power producer Ipsa has missed a November 21 deadline to pay Ethos Energy Italia – formerly Turbocare – an initial €3-million payment as part of a dispute settlement reached last month in relation to the sale and purchase agreements and refurbishment...
More
 
 
Recent Research Reports
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
 
 
 
 
 
This Week's Magazine
JSE-listed real estate investment trust (REIT) Rebosis Property Fund achieved a distribution growth of 8.1% to 99.45c per linked unit in the financial year ended August 31, despite volatile market conditions.
JAMES ROBERTS The MOM incubator was designed to help babies in developing nations who were dying in conflict-struck nations or who do not receive hospital care
A low-cost, inflatable incubator won this year’s international James Dyson design award, which aims to encourage and inspire the next generation of design engineers.
The World Bank released its ‘Doing Business 2015: Going Beyond Efficiency’ report last month and ranked South Africa 43 out of 189 global economies for its ease of doing business, with Singapore topping the rankings.
Air Products South Africa officially launched its R300-million Eastern Cape air- separation unit (ASU), at its new manufacturing facility in the Coega Industrial Development Zone (IDZ), earlier this month. It is the second facility that Air Products launched in South...
BMW South Africa (SA) has signed a power purchasing agreement with energy company Bio2Watt. The offtake partnership will bring renewable energy to the carmaker’s Rosslyn plant, north of Pretoria.
 
 
Engineering support services company Babcock Africa, sole importer and distributor of DAF trucks to the Southern African market, announced in October that it had established a dedicated finance company, Babcock Financial Services (BFS). “This development will give...
“Based on the information available to us at present, we would strongly recommend that fleet managers budget for a 12% to 13% increase in fuel [prices] for 2015,” says Eqstra Fleet Management (EFM) MD Murray Price. In its review of fuel prices over the past few...
Public confidence in Gauteng tender processes is expected to improve with the newly launched Gauteng Open Tender Process, which will be the piloted by the provincial Department of Roads and Transport.
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