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Friday, May 3, 2024

Moment of truth for BEVs

Challenges arising that could slow short-term sales of battery-electric vehicles, say Gartner analysts

BEV sales could grow at a considerably lower pace or stall in some markets, according to Gartner.

Several factors will make 2023 a true test of the resolve of governments and the automotive industry in driving battery-electric vehicles (BEVs) forward, according to Gartner Inc.

“2023 is the moment of truth to drive full electrification forward,” said Pedro Pacheco, VP analyst at Gartner. “The spike in electricity prices in Europe makes BEV running costs less attractive. Some countries, like the UK, Switzerland and Australia, are starting to introduce EV taxation.

“In addition, China ended…

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