EY and ING: Electric cars to account for 6% of cars sold by 2023

By 2023, the number of electric cars sold will double – mainly due to the development of technology, and electric vehicles will account for 6 percent of cars sold, while today it is about 1 percent, according to a report prepared by EY and ING Bank Śląski.

“Over the next seven years, we expect most of the barriers to the development of electric cars such as infrastructure, capacity and battery prices to be overcome. To this end, manufacturers need to strengthen the competitiveness of these cars through economies of scale and decreasing costs of the drive system, mainly the battery,” said Jarosław Wajer, a partner in the EY business consulting department, during the presentation of the report.

The plan for the development of electromobility adopted by the Polish government assumes the construction of almost 7,000 charging points for electric vehicles.

Pin It