New energy vehicle industry

It is expected that EV will become the mainstream product in the automotive market in 2021 From ABI Research

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The following is the It is expected that EV will become the mainstream product in the automotive market in 2021 From ABI Research recommended by recordtrend.com. And this article belongs to the classification: New energy vehicle industry.

According to foreign media reports, the new year is coming, people’s various predictions of the automotive industry have been released. At least one well-known (EV) company will sign the end of its start-up phase of research this year. ABI research released its 2021 trend report on Wednesday, concluding that EV will gradually become the mainstream this year.

Although Tesla is very famous, the cars it produces are obviously unable to complete the task of popularization. Tesla delivered less than 500000 EVs last year, according to the company’s statistics. By contrast, Americans bought more than 3 million pickups in 2019 alone. Despite the success of the automaker, there’s still a long way to go before Tesla becomes a hot topic in people’s garages. The same is true for other automakers who want to sell electric cars in the next few years.

ABI research said that from 2021, EV will begin to gain attraction in the market, mainly driven by more affordable models planned to enter dealers this year. By the end of this century, ev may account for a quarter of all new vehicles. If this trajectory can be realized, it will be a significant change for the whole industry.

But James Hodgson, chief analyst for intelligent mobile and automotive at ABI research, said the automakers could mess up something. EV buyers are usually “first adopters” who are eager to get the latest technology first or they are environmentally conscious. As EV enters the mainstream, automobile manufacturers begin to offer more options. Hodgson pointed out that the more innovative methods these companies will develop will not only let buyers sit in EV, but also show them that EV has the same advantages as or even better than gasoline vehicles in the past. “Smart charging technology, support for fast DC charging for special occasions, and battery management are crucial to support the transition of mainstream consumers from ice to EV,” he added in the paper.

More broadly, however, ABI research believes that the car buying boom of the past decade will not recur until the mid-1920s. Due to the impact of the pandemic, economic conditions and even a shift to a more remote work environment, by 2024, one may see sales stagnate. That’s not to say things are bound to go this way – after all, few people expected a global pandemic this time last year. But although sales may remain tepid, we can still expect to see more EVs appear on the city streets.

Read more from cnBeta: J.D. Power: consumers have little confidence in EV and autopilot cars. JD Power: most Americans still have doubts about EV and automatic driving technology: Castrol: Castrol battery research shows that the battery technology or the popular tipping point traffic department: it is expected that China’s total number of new energy vehicles will reach 600 thousand new vehicle drivers in China. Three pkiseecars of Weilai ideal Xiaopeng: the study found that Toyota hybrid motor car has been hosting the car for a significantly longer time evsales: model of global new energy vehicle list in May 2020 China bancassurance credit: the scrapping rate of power system of new energy vehicles is three times that of fuel vehicles. China Auto Association: the sales of Q1 new energy vehicles will drop by more than 50% in 2020. China auto finance and value preservation rate research committee member: the average value preservation rate of mainstream new energy vehicles in recent three years is only 32.31%. Volkswagen: it is estimated that the sales of new energy vehicles in China will account for more than 50% in 2035 The sales volume of new energy vehicles in China reached 1.25 million, accounting for half of the global sales volume. China Automobile Association: Tesla localization has a great impact on Chinese brand cars. Ministry of industry and information technology: it is estimated that the production and sales of new energy vehicles in China will increase by 100% in 2019. China Automobile Industry Association: from January to September 2018, the production and sales of new energy vehicles in China will exceed 700000, with a year-on-year growth of over 70%

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