The European Automobile Manufacturers Association (ACEA) said on Wednesday it expects growth of around 2.5% in new car registrations in 2024 in the European Union (EU), a slowdown from the +12% expected this year . The market is slowed by the expectant attitude of consumers, in an uncertain economic context and by a still high price level for new vehicles. Despite this, battery electric cars will continue to gain ground, ACEA added during a press conference, reaching a market share of around 20% next year, compared to the 14-14.5% expected for this year.
Market forecasts for 2023 are higher than the +5% expected in January, but new car registrations, estimated at 10.4 million, remain almost 20% below the level of 2019, before the pandemic stopped of COVID.
“L’Europe et sont industrie automobile sont à un tournant”, dit Luca de Meo, director general de Renault et président en exercice de l’association européenne du secteur, faisant référence aux défis de l’électrification et aux prochaines échéances électorales dans the European Union.
Multiply the pace of deployment of electric charging infrastructure by 7 and 10
Luca de Meo, who will also hold the ACEA presidency in 2024, called for the continent to avoid “fragmentation” after the next elections, at a time when ACEA calls for a united approach for Europe to assume a leadership position on the issue. electrical. technology compared to the United States and China. The association advocates a comprehensive approach for the next five years, ranging from ensuring the supply of critical components to training sector employees for the new jobs arising from electrification, including an expansion of public aid for the purchase of models electrical.
Luca de Meo also regrets that the automotive industry faces an average of eight to nine new European standards per year between now and 2030, sometimes contradictory to each other. He also called for increasing the pace of deployment of charging infrastructure from seven to ten to respond to the rise of electric vehicles. To make this technology more affordable, Luca de Meo is counting on the arrival in the coming years of smaller cars – the size of the Renault Twingo, Volkswagen Polo or Renault Clio – that allow smaller batteries to be carried and, therefore, “offer a lowest price”. price than current models.
Source: BFM TV
