Source: Panoff Consulting Automotive Retail Services

Politics remains an important shaper of the e-evolution. Here, too, the landscape is fragmented. While market penetration in Europe and the USA is forecast to be well over 85%, China is at 44%. Nevertheless, Europe and China are considered to be the main drivers of e-mobility, whereas demand in the USA is significantly lower.

This is attributed to government initiatives. In Europe and China, both the development and purchase of electric vehicles is supported by various government subsidies, resulting in a lower TCO (total cost of ownership) for individuals.

Nevertheless, the e-evolution will change the mobility ecosystem, albeit at a slower pace than initially assumed. The ever-increasing demand for intelligent, smart and automated mobility that enables holistic connectivity and ensures safety poses major challenges for car manufacturers worldwide in the area of software development. In the area of connectivity, experts expect a market penetration of over 50% after 2025 with a continuing upward trend and the forecast to penetrate the entire market in the future.