The Roadmap to an Electrified Car Market - LBMA
The Roadmap to an Electrified Car Market
How will Targets for the End of the Combustion Engine be Met?
Al Bedwell, LMC Automotive LBMA/LPPM Precious Metals Conference Barcelona, October 16, 2017
? 2017 LMC Automotive Limited, All Rights Reserved.
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? European Electrification in a Global Context ? What's Driving Change in Europe ? Update on Current Situation ? Outlook ? Wrapping Up
? 2017 LMC Automotive Limited, All Rights Reserved.
2
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World: Hybrid & EV Market 2016
% of New Car & US Light Truck Sales
Regional Electrification 2016
30 Passenger Car and US Light Truck Market
20
1,154,000
BEV
Battery
xHEV
All
Electric
Hybrid
10
Vehicle
Types
440,000 0
China
Japan
500,000
512,000
Source: LMC Automotive Global Hybrid & EV Forecast
USA
Europe
? BEVs in use were just 0.1% of pass cars & US light in 2016 (1mn of 1bn)
? After 10+ years of sales, only Japan has really embraced electrification
? China is unique due to 50% BEV share of electrified sales
? 2017 LMC Automotive Limited, All Rights Reserved.
3
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? European Electrification in a Global Context ? What's Driving Change in Europe ? Update on Current Situation ? Outlook ? Wrapping Up
? 2017 LMC Automotive Limited, All Rights Reserved.
4
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World: Targets for Removal of IC Vehicles
Europe
? UK: 2040, no IC-only car sales; Oxford 2020?
? France: 2040, no IC car sales (?); Paris 2030
? Germany: No date; says UK/FR approach is `right'
? Norway: No ban, but sales by 2025 `should be ZEV' ? Austria, Denmark, Ireland, Netherlands, Portugal, Spain: EV targets
Elsewhere
? India: 2030, all passenger cars to be battery electric (!?)
? Japan, Korea: No ban, EV targets set
? China: Studying timeline to IC ban
? US: No nationwide target, some states have EV targets
? 2017 LMC Automotive Limited, All Rights Reserved.
5
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