The era of cars with internal combustion engines will be over soon. The demand for cars with an internal combustion engine may have reached its maximum in 2018.
A recent report by Financial Times says that sales of cars with internal combustion enginerunning on fossil fuel, peaked in 2018 and unlikely to have the same indicators in the following, this means that in the coming years there will be epochal changes in the automotive industry in favor of sustainability.
According to the forecast FT, many experts predicted in the beginning of 2018, the demand for cars with internal combustion engines will peak in 2022. But a combination of several factors, such as Brexit, trade wars between the US and China and the adoption of new emissions in Europe has dealt a serious blow to the global vehicle sales in 2018.
“If estimate the sales in the summer of 2018, on all important markets they fell,” said FT Axel Schmidt, the world’s leading automotive expert at Accenture. He also added that sales of cars with internal combustion engines will not grow in the future.
Even if total sales of automobiles in 2019 will increase sales of vehicles with internal combustion engines will probably fall due to the rapid growth and adoption of electric vehicles. It may not be what you want to hear manufacturers of vehicles with internal combustion engines, but this is great news for the environment.
Recall, an analyst with Wall Street forecasts in the future, why buying cars with internal combustion engines will become financially unprofitable.
According to the research group on energy Wood Mackenzie, a medium size electric car produces 67% less greenhouse gas emissions than a comparable gasoline car with internal combustion engine. This figure not only takes into account the emissions produced during operation of the vehicle, but also include the emissions caused by everything from power generation to refining crude oil.
If electric vehicles will continue to replace vehicles with internal combustion engines, the world can greatly reduce CO2 emissions changing the climate of the planet.