EV adoption targets unachievable within regulatory timelines, says global automotive industry

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Although 28% of the respondents opined that the deadlines were achievable, they indicated there would be significant challenges

ZURICH: New global research commissioned by ABB Robotics and leading industry publication Automotive Manufacturing Solutions, revealed that more than half of respondents believe the shift to pure electric vehicle production is not achievable within current legislative timelines.

Although 28% expressed the opinion that the deadlines were achievable, they also indicated there would be significant challenges, while 18% believed the present targets would never be met.“The automotive industry is acutely aware of the stresses and strains involved in meeting the proposed regional timetables for reaching full EV production,” said ABB Robotics Automotive Business Line managing director Joerg Reger.

The survey also highlighted the challenges involved in adapting to a new battery supply chain, cited as a key barrier by 19% of respondents, while 16% had concerns over the high levels of capital investment required.Shortages of raw materials, suitable infrastructure, and lack of grid capacity were also high on the list of issues yet to be resolved.

 

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