12 Jan '18, 4pm

Electric cars will fail, but we'll build them anyway, say global auto execs: KPMG

Tesla Supercharger for city centers Enlarge Photo Juxtaposed against a growing electric-vehicle market in China and increasingly stringent global carbon-emission limits, a survey by KPMG has revealed a majority of global auto executives believe electric vehicles are a fool's errand. Those executives believe electric cars will eventually be leapfrogged by fuel-cell vehicles, due to the infrastructure challenges of both lower-rate public charging and DC fast-charging for long-distance travel. The report, based on data collected from 953 senior executives, paints an interesting picture of future automotive trends as predicted by the world's automaking C-suites. DON'T MISS: Half of all Porsches will plug in by 2025, showing importance of electric cars The main takeaway remains that 62 percent of decision-makers at automakers and their suppliers have a dim view of electric cars...

Full article: https://www.greencarreports.com/news/1114758_electric-car...

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