February 3, 2010
New research suggests that Europeans will buy 10 million low carbon cars by 2015
New research by Frost and Sullivan has suggested that 80% of new cars sold in Europe will have CO2 emissions below 150g/KM by 2015.
“By 2015, the average car in Europe will be five per cent lighter, with 30 per cent lower CO2 emissions,” says Frost & Sullivan Programme Manager Vigneshwaran Chandran. “Downsizing, gasoline direct injection (GDI), and start-stop will be the key technologies helping original equipment manufacturers (OEMs) achieve emission targets by 2015.”
About 8-10 million cars are expected to be in the less than 120g/km CO2 emission band in Europe by 2015 – a significantly attractive market opportunity for both volume and premium manufacturers, says the research.
“Premium manufacturers such as Daimler and BMW are likely to use a combination of electric vehicles, hybridization, and downsizing to achieve their 2015 CO2 emission target of 130g/km, while volume manufacturers will use a mix of green technologies such as GDI, VVT and start-stop systems,” notes fellow analyst Hariher Balasubramanian.
The countries covered in this research service are Austria, Belgium, Denmark, Finland, France, Germany, Greece, Italy, Luxembourg, the Netherlands, Portugal, Spain, Sweden and the United Kingdom.