The Rise of E-Mobility
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An overwhelming 41 percent of the industry professionals responding to the IQ Automotive survey had the highest expectations - in an industry spending USD 90 billion on EVs - of Elon Musk’s strategy for Tesla Inc.
This from a company with sales of only three models totaling just over 100,000 vehicles in 2017. While Tesla is the most prominent electric car maker, “soon it will be everybody and his brother,” Daimler AG Chief Executive Dieter Zetsche told reporters on Monday at the Detroit show. Investments in electrified vehicles announced to date include at least $19 billion by automakers in the United States, $21 billion in China and $52 billion in Germany.
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