We have seen how the road to electrification The process is being arduous and slow. Although the authorities hoped that strict restrictions would speed up the process, other aspects such as the price of electric cars or the deployment of charging infrastructure are slowing down its progress. There are climate objectives imposed by the European Union, with countries such as Spain far below them. However, there are studies that say that the Electric vehicles will represent 24% of the market next year.
If we take references, in Spain barely reaches 10.9% combining all plug-in vehicles (electric and plug-in hybrids), having an even smaller impact if we focus on pure electrics. There has been a recession in the demand for these vehicles that has made even manufacturers change strategies, Returning to betting on combustion despite having abandoned it. Some have even asked to delay their CO2 targets by two years, something that Europe has not accepted.
The fact is that in the latest study of Transport & Environment (T&E) is believed to be possible between 20 and 24% market share of electric cars in 2025 taking into account sales forecasts. We are talking about data applied to the entire continent, since in our country the progress is somewhat slower. They also claim that electric cars will contribute 60% to reducing CO2 that brands need to achieve in order to achieve their goals. And the key to achieving this is that there will be new electric models, some of which cost less than 25,000 euros.
The hybrids too will be important to continue reducing CO2 and manufacturers such as Stellantis and the Volkswagen Group will use them to reduce their figures by around 30%. Others that will rely on hybrid sales, although to a lesser extent, will be Mercedes-Benz and Renault. If we talk about plug-in hybridsBMW will achieve an 18% reduction in its emissions thanks to them, although it is time to return to full electrification in order to look to the future and avoid penalties.
Volvo Cars is one of those They are already complying with the regulations emissions thanks to its commitment to electrification, along with others such as Tesla that are dedicated exclusively to it. In fact, Volkswagen could join forces with the Palo Alto firm to offset its emissions and they need 17% of electric sales. The same goes for Ford, which could ally again with Volvo so that electric vehicles represent 9% of its sales.