Thanks to the Society of Automotive Engineers for the Opportunity to Present Our Propulsion Strategies for the 21st Century Results

Bruce Belzowski presented the results from our 2026 Propulsion Strategies for the 21st Century:  Facing Radical Change survey and interviews.  With the support from Dave Royce and Lawrence Walmsley from KPMG, we were able to add our insights to the discussion of the Forecasts and Consumers Panel at the Society of Automotive Engineers North American International Propulsion Conference in Chicago.  

We focused on powertrain forecasts for 2030 and 2025 as well as a list of survey headlines such as:

• Percent of vehicles built in the US rises from ~51% to 56%

• Tariffs and tariff uncertainty is having the most impact on manufacturer and supplier strategies

• Dissolving the USMCA is the most important issue for company planning in the short term (2027-2030) and long term (2031-2035) 

• OEMs are Still Manufacturing EVs Primarily Because They Want to Hedge Their Bets In Case Regulatory Winds Change 

• To Reach 30-40 Percent of EV Sales in 2035, There Needs to Be Ubiquitous EV Charging, Cost Parity with ICE Vehicles, and Subsidies

• 21% of North American auto buyers are interested in buying an EV today

• Vehicle Cost Will Continue to Be the Key Consideration That Will Limit Growth of EVs in North America Over the Next 5 to 10 Years

We’ll finish our analysis for the complete set of results over the next month and send it to our Affiliates after the 19th  Annual Inside China Automotive Conference in November.