McKinsey: Germany may become the world's largest producer of electric vehicles

Posted 2022-05-03 00:00:00 +0000 UTC

On March 5, Germany's Bild newspaper reported that the two families behind the group and the Piech family said that they fully supported the practice of Herbert diess, chief executive, actively promoting the company's transformation to electrification. In addition to Volkswagen, Daimler is also actively promoting the transformation of electrification. In January 2020, BMW won the global new energy sales list for the first time. Germany's major car manufacturers are highly focused on the field of electrification. On March 6, a new report released by McKinsey, an international consulting firm, predicted that by 2024, the share of German manufacturers in global electric vehicle production would rise from 18% in 2019 to 29%. It is estimated that Germany will become the world's largest producer of electric vehicles with an annual output of more than 1.7 million vehicles in 2021. At present, China is the world's largest producer and marketer of electric vehicles. According to EV sales data, in 2019, the sales volume of electric vehicles in the world is 2.21 million, and that in China is 1.2 million, accounting for 54.3%. But in terms of trend, the sales volume of China and the United States began to decline in 2019, while the European market grew rapidly, with the annual sales volume reaching 564000. "Mini cooper se" market growth gives European car companies stronger electric power. In July 2019, BMW's Mini brand released its first model mini cooper se. By 2023, BMW's electric vehicles will be expanded to 25, and electric vehicles will be fully sold in Europe in 2030. Daimler also expects that electric vehicles sold in Europe will account for more than 50% of total passenger vehicle sales in 2030. In addition to market factors, stringent carbon emission standards also force European car companies to promote electrification. According to the latest European carbon emission standards, from January 1, 2020, at least 95% of the newly registered cars of automobile enterprises shall reach the carbon dioxide emission control target of 95g / km, and the average carbon dioxide emission of all newly registered cars shall be lower than 95g / km from 2021. Previously, Daimler and BMW predicted that the carbon emission of new cars sold in 2020 will be reduced by 20% due to the smooth promotion of electrification. For Germany's positive electric process, McKinsey believes that the German automobile industry will benefit from the rapid development of electric vehicles. The report also points out that Germany's charging infrastructure needs to be further improved. At present, Germany has 24000 public sectors, ranking third in the world after China and the Netherlands. "PSA CEO Tang Weishi" but not all European car companies are optimistic about electrification. At the beginning of March, Carlos Tavares, CEO of PSA group, said publicly: only "environmental addicts" can be attracted, and there is no actual market demand.

Copyright © 2020. TUTESL All rights reserved.