The overall mood is deteriorating \u2013 suppliers are becoming less optimistic about electric mobility<\/h1>\n\n Munich, July 2024<\/span>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\n \n\n\n \n \n\n I<\/span>\n f you look at the current headlines around electric mobility, they are mostly negative. Car rental companies such as Sixt and Hertz are reducing the percentage of electric vehicles in their fleets, Audi wants to bring fewer electric models onto the market, and Mercedes is stopping a complete e-platform. <\/p>\n\n <\/div>\n\n \n\n <\/div>\n \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\tWherever you look, the euphoria surrounding electric mobility is fading, mainly because there are still too many hurdles for electric mobility to become a widely accepted mode of transport. These include uncertain residual values, an inadequate charging infrastructure in some areas, and comparatively high prices or surcharges compared to vehicles with combustion engines. Although the current disillusionment is not a departure from the course we have ultimately set towards electric mobility, it is at least a further slowdown in speed and thus a shift on the timeline.<\/p>
For suppliers who are already struggling with a variety of challenges (e.g., low volumes, short innovation cycles, low margins), the development comes at an inopportune point in time. While the mood among suppliers regarding electric mobility was still very optimistic (if not too optimistic) last year, according to this year\u2019s Berylls Supplier Executive E-Mobility Survey 2024<\/em> it has meanwhile become a good deal gloomier.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\tSuppliers now less optimistic about the electric future<\/strong><\/h2>The results of the survey also show that the electric mobility course we have embarked on is here to stay. While 70% of suppliers still depend on combustion engine vehicles for at least a quarter of their revenue today, only 55% expect this to be the case in five years\u2019 time. At 69%, the vast majority of respondents see electric mobility as an opportunity for their company \u2013 but compared to the previous year\u2019s figure of 77%, the mood is now far less upbeat. The response is hardly surprising given the tougher market conditions, which are also reflected in the expected impact on revenue over the next five years. While 75% of respondents expected an improvement last year, this year\u2019s figure has fallen to 55%. The same applies to margins: last year, 43% of respondents still expected electric mobility to have a positive impact in five years\u2019 time, whereas in 2024 only 25% predict higher margins.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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f you look at the current headlines around electric mobility, they are mostly negative. Car rental companies such as Sixt and Hertz are reducing the percentage of electric vehicles in their fleets, Audi wants to bring fewer electric models onto the market, and Mercedes is stopping a complete e-platform. <\/p>\n\n <\/div>\n\n \n\n <\/div>\n \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
Wherever you look, the euphoria surrounding electric mobility is fading, mainly because there are still too many hurdles for electric mobility to become a widely accepted mode of transport. These include uncertain residual values, an inadequate charging infrastructure in some areas, and comparatively high prices or surcharges compared to vehicles with combustion engines. Although the current disillusionment is not a departure from the course we have ultimately set towards electric mobility, it is at least a further slowdown in speed and thus a shift on the timeline.<\/p>
For suppliers who are already struggling with a variety of challenges (e.g., low volumes, short innovation cycles, low margins), the development comes at an inopportune point in time. While the mood among suppliers regarding electric mobility was still very optimistic (if not too optimistic) last year, according to this year\u2019s Berylls Supplier Executive E-Mobility Survey 2024<\/em> it has meanwhile become a good deal gloomier.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t The results of the survey also show that the electric mobility course we have embarked on is here to stay. While 70% of suppliers still depend on combustion engine vehicles for at least a quarter of their revenue today, only 55% expect this to be the case in five years\u2019 time. At 69%, the vast majority of respondents see electric mobility as an opportunity for their company \u2013 but compared to the previous year\u2019s figure of 77%, the mood is now far less upbeat. The response is hardly surprising given the tougher market conditions, which are also reflected in the expected impact on revenue over the next five years. While 75% of respondents expected an improvement last year, this year\u2019s figure has fallen to 55%. The same applies to margins: last year, 43% of respondents still expected electric mobility to have a positive impact in five years\u2019 time, whereas in 2024 only 25% predict higher margins.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\tSuppliers now less optimistic about the electric future<\/strong><\/h2>
![\"\"](\"https:\/\/www.berylls.com\/wp-content\/uploads\/2024\/07\/Selected-results-of-the-E-Mobility-Supplier-Survey-2023-2024.png\")
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