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Costs, chips and war do not stop the race for the electric car

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Costs, chips and war do not stop the race for the electric car

ServiceGlobal Automotive Outlook

AlixPartners ‘annual report highlights manufacturers’ historic profitability record in 2021 and sees BEVs overtake internal combustion engines by 2035

by Alberto Annicchiarico

Questions about the duration of the war in Ukraine, doubling of raw material costs, persistent chip crisis, problematic supply chains and logistics put to the test by the zero strategy Covid in China do not stop the race to electrify automotive on a global scale . Over the next 5 years, the sector will invest $ 526 billion, 60% more than in the previous period. This was supported by the 2022 edition of the Global Automotive Outlook of the global consultancy …

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