kpmg electric vehicles

No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. Widespread adoption of electric vehicles will have a significant impact on the economy and on society as a whole, and will create new challenges and opportunities for the future, not least for the energy markets. The UK government’s environmental and health policies are arguably the biggest catalyst for consumers going electric. Join us for upcoming webcast events. Our multi-disciplinary approach and deep, practical industry knowledge, skills and capabilities help our clients meet challenges and respond to opportunities. From a consumer perspective, uptake has varied significantly by country, heavily affected by local policies. It has been widely assumed that EVs could reach parity at about $100/kWh, but our model, which takes into account improvements in ICE technology, indicates that it may take $80/kWh to achieve parity by 2025. The energy markets in Australia are in a state of transition, and a multitude of factors will impact energy markets going forward, including the pace of technological change, changing customer behaviour, the ageing of existing infrastructure and government policy on emissions. {{vm.newUser4}}. {{vm.newUser2}} Can your strategy win in today’s dynamic business environment? Interestingly, when looking at the most important considerations when buying a new vehicle, emissions and environmental impact only ranked fifth. {{ vm.siteSelectorList.flyout.cell1.heading }}, {{ }}, {{ vm.flyout.cell1.viewAll.newTabAllow }}. Improving business performance, turning risk and compliance into opportunities, developing strategies and enhancing value are at the core of what we do for leading organizations. A clear regulatory and policy framework needs to be put in place to ensure that EVs are efficiently integrated into the evolving energy markets. Governments also see an opportunity to stake a leadership position for domestic industries in the emerging EV value chain. Millennials and Generation Z are moving towards electric vehicles and the over 55s appear to be reluctant to do the same quite so quickly. Click on each of the sections below to find out more about these key barriers: Achieving TCO parity with ICE vehicles will be critical for EV adoption. Consumers are put off by concerns about charging issues—how far they can go between charges, the time it takes to recharge, finding a charging station, etc.

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