Electric vehicle production is on the rise: Can brands keep their word?

Automakers all over the world share with the public their programs for the transition to fully electric vehicle production in the next 10 years. Of course, this situation takes place with the force of organizations such as the European Union and the United Nations.

In addition to those that produce their cars with fully electric motors such as Tesla, many companies are launching new vehicles to the market with hybrid and similar experiments. But their common view is that there is a need for a transformation that our children won’t remember about internal combustion engines. So, which of these brands make an effort to live up to their promise? Here are the details…

At what point are Europe’s 10 biggest brands in electric vehicle transformation?

A report released today reveals where Europe’s top 10 automobile brands are at in the electric motor transformation and how much progress they have made so far for the program they have committed over the past 10 years.

Before examining the table, let’s explain what some terms mean. There are 3 different car options currently in use in the market. The first of these is the diesel and gasoline internal combustion engine vehicles we are accustomed to.

The second is all-electric (BEV) vehicles powered by batteries, without an internal combustion engine. Third, they are vehicles with both an internal combustion engine and a relatively small electric motor, known as hybrids.

But these hybrid vehicles are also divided into two. Among them, the one known as Plug-in Hybrid (PHEV) are hybrid models whose battery can be charged. The ones known as HEVs are the models that we cannot charge from the outside, but that are self-charging through the vehicle’s fuel or brakes.

electric vehicle
Source: JATO

When we look at the table after this information, we see that most of the cars sold by Toyota, Hyundai, Opel and Fiat are gasoline powered. Volkswagen, Ford, Skoda and Peugeot are the ones selling the most diesel. But we see that it is half or 1/3 of the gasoline sales.

Well, when we look at which brand keeps its promises best in its electric transformation, Renault and Hyundai are in the first place among those who produce fully electric vehicles. Right after, we see Volkswagen and Kia coming.

Of course, hybrid vehicles have a very important share in this transformation process. Kia is the brand that sells the most in this area. It is followed by Peugeot, Hyundai, Volkswagen, Renault and Skoda.

When we look at the table in general, we see only 2 brands that can exceed 20 percent in electric and hybrid vehicle sales. These are Kia with 21 percent and Hyundai with 20 percent. Renault is right behind Volkswagen and Peugeot with 19, 18 and 17 percent.

Therefore, we see that Ford, whose vehicles are only 4 percent electric and 9 percent hybrid, is far behind its plan to convert to all-electric by 2030. By contrast, Kia, Hyundai, Renault, Volkswagen and Peugeot could be the first to complete their transformation, if they don’t fall behind on schedule.

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