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Plug-in vehicles set to lead the e-vehicle race, finds KPMG Survey/

KPMG’s 2014 Automotive Executive Survey reveals trends impacting a fast-evolving market

TORONTO, Feb. 10, 2014 /CNW/ – Plug-in hybrids are forecasted to win the race among e-vehicles to produce cleaner, more efficient vehicles, according to the 15th annual Global Automotive Executive Survey. The Global Automotive Executive Survey is KPMG International’s annual assessment of the current state and future prospects of the worldwide automotive industry.

The automotive industry is undergoing significant changes, with several influences shaping the sector this year. The survey reveals the sector has entered the fast lane of alternative powertrain technologies; one of the major influences shaping the automotive landscape today. Automakers are undergoing changes on many other fronts as well, from a shift from partnerships and alliances to organic growth strategies, to the continued emphasis on mobility solutions and advancing technologies, to the optimization of internal combustion engines (ICE).

Key survey influences include:

Plug-in vehicles lead the pack: Plug-in vehicles are becoming the dominant e-technology and are expected to take an increasing market share. Fuel cell vehicles are also experiencing a rise in popularity, with 69 per cent of respondents considering fuel cell technology critical to future growth.
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