Auto,Execs,Investing,into,Inte car Auto Execs Investing into Internal Combustion, Not Electric
In the shape of the design, the Core wing broke through the traditional appearance of the other models, the Core-wing sense of movement and high-level sense of the high degree of balance, which must be improved, both in the interior styling General Lee: For such a TSP platform, indeed, is the test of the ability to integrate the same time, just She always has been mentioned in the business platform is a completely independent intellectual property platform and our platform is t
Recently released results from an annual survey conducted byUS audit, tax, and advisory company KPMG are showing that for many of the worldslargest auto makers, gasoline and diesel powered internal combustion engines,rather than electric motors, are the technologies worth investing into for the foreseeablefuture. Despite tripling in sales over the last year, electric vehicles areslated to maintain a minimal 15% share of the global car market for at leastthe next 12 years, prompting car makers to keep their focus on the traditional enginesof today.Of the executives questioned in the survey, 75% believedthat investing into improvements for the internal combustion engine would offergreater efficiency and carbon dioxide reduction than electric vehicles for atleast the next decade. More than a quarter also confirmed that their companieswould be investing heavily into these improvements over the next several years,such as Ford and their EcoBoost engine, which has found its way into almostevery model in their lineup. Though the prospects for the electric motor remainpromising into the future, in its current form the internal combustion engineoffers a much more plausible platform for improvement."When you look at current MPG estimates for new cars,it's very evident that automakers are continuing to significantly improveengine efficiency," says Gary Silberg, KPMGs National Automotive Industryleader. "What's clear is that the internal combustion engine is not goinganywhere soon." With a deliberate focus on improving fuel economy andefficiency, car makers have begun designing gasoline and diesel powered enginesthat use less fuel and emit a fraction of the pollutants into the atmosphere thattheir predecessors did, and with continued investments, further improvementscan be made.Executives also noted a willingness to invest into theirmanufacturing plants, citing areas of potential growth in the productionprocess. 64% of those surveyed said that their companies would be increasinginvestments into new plants during the next five years, up from just 55% fromthe year before. Along with improvements to the engines themselves, an improvedmethod of production could also create noticeable benefits. In a number ofglobal markets, including the US, many plants are already running at 100percent capacity, meaning an additional investment would require an expansionof the facilities themselves.When combined with the kinds of accident avoidancetechnologies already being implemented today, these fuel-efficient andenvironmentally friendly internal combustion engines can deliver a safer and morereliable option than their electric alternatives. Until battery driven vehiclescan demonstrate greater range and safety for occupants on board, the morepractical investment will be towards the development of the kinds of enginesalready in service today. As a final question in the survey, each executive wasalso asked which companies they believed would control the most market shareover the next five years. Volkswagen, Hyundai, and BMW were the favorites, eachhard at work developing smaller and more efficient internal combustion engines,rather than putting their weight behind electric power.
Auto,Execs,Investing,into,Inte