The European electric mobility market is growing at an incredible rate, with over 2 million electric vehicle sales in the first quarter of 2022. This expansion is mostly owing to favorable government policies and laws, increased environmental concerns, and Europe's growing adoption of electric mobility (e-mobility). Climate change is expediting the transition to electric vehicles (EVs) and e-mobility.
The Europe EV market is expected to develop at a compound annual growth rate (CAGR) of 44.6% between 2022 and 2029. This market is expected to grow from US$147.56 billion in 2022 to US$1,951.51 billion in 2029. The increasing usage of self-driving vehicles and the expanding trend of shared mobility all provide profitable growth potential for this market.
This issue of Auto Tech Outlook features the ‘Top 10 Electric Mobility Solutions Providers in Europe - 2022’ which highlights some of the key developments in the e-mobility sector throughout Europe.
It showcases companies like Scame, a manufacturer of adaptable and innovative charging components and systems for electric vehicles. As Europe moves more toward the use of EVs and e-mobility, the necessity for charging stations across the continent becomes a major concern, and companies like Scame are contributing to the EV revolution with their charging components.
Sacha Porges, Global Director, Customer Quality & Programs, GKN Automotive, and Mark Sutton, VP Engineering APAC, Adient, also contribute to the publication. They each discuss how replacing traditional technology with AR wearables might reduce the extent of errors in driving EVs and how autonomous mobility as an industry has enormous growth potential.
Write to us about how the e-mobility revolution in Europe has affected the functioning of your organizations!
