VDA study: Suppliers put on electric cars

VDA study: Suppliers put on electric cars-study

The automotive industry is facing the greatest change of its history: from the internal combustion engine to more sustainable drives. This trend also seems clear to the suppliers: more than 80 percent rely on e-mobility than the technology of the future. This resulted in a study conducted by the Association of the Automotive Industry (VDA) together with the consulting firm Deloitte. With a complete detachment of the combuser, however, 88 percent expect only 2030 or later.

As it is called in a message from the VDA, more than 80 percent of respondents have indicated to have already started switching to e-mobility. Only 10 percent of companies see no reason to transform because they are not affected by their product portfolio according to their own data. Part of the suppliers assumes that fuel cells (around 30 percent) or synthetic fuels (40 percent) can also create (additional) standard.

Electric drives are clearly in focus according to VDA information. Thus, the surveyed suppliers invest more than 30 percent of their research and development expenditures in this area. On the other hand, their share of total turnover falls significantly lower at 15 percent, it says in the study. Around 85 percent currently used profits from the combustion technology to build parallel competences in e-mobility. Only five percent of the suppliers planned to consolidate themselves via mergers with other companies or to leave the automotive industry.

“As the investment behavior of the automotive suppliers show, they assume that the sales of electric cars will continue to rise significantly,” says Dr. Harald Proff, Head of Automotive Industry at Deloitte. It also shows that companies strategically put on seizure – controlled retreat from the combustion market with simultaneous construction in the field of e-mobility.

According to the study, a large part has already covered half of the path to the E-car. Around two-thirds are located on the middle three of the seven steps on the transformation scale. The pandemic has advanced this process rather than slowed down, it says. Only 13 percent is a problem because the financial resources were broken away for the necessary investments.

Asked for the greatest barriers, the companies in the first place call a lack of political support and planning security. In addition, increasing demands on sustainability, a slow expansion of renewable energies and the shortage of skilled workers. Of course, companies wish for lower taxes and energy costs, bureaucracy reduction, faster expansion of charging infrastructure and greater flexibilization of the labor market.

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2 thoughts on “VDA study: Suppliers put on electric cars”

  1. Should the VDA finally wake up?
    Years are fired and advised wrong, now the customers are the urgency.
    But rather late than never.
    Main thing BEV.

    Reply
  2. With a full replacement of the combustion expect 88 percent However, only 2030 or later.

    Hopefully the “88 percent” does not have the same computers as the politicians at Afghanistan.

    Part of the suppliers assumes that fuel cells (around 30 percent) or synthetic fuels (40 percent) can also create it to (additional) standard.

    The suppliers of vehicle manufacturers should not rely on these two cards.

    Asked for the greatest barriers, the companies are in the first place a lack of political support ..

    If the “lack of political support” is meant in the expansion of solar and wind turbines for enough eco-electricity as well as the earlier exit from coal streaming for faster CO2 reduction, then I can affirm the affirmation – or is only intended for additional suvents?

    Reply

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