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Survey Shows Carmakers Remain Skeptic about EV Sales, will Invest in Internal Combustion Engines

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Wallpaper Survey Shows Carmakers Remain Skeptic about EV Sales, will Invest in Internal Combustion Engines


It seems that, despite all the noise they make about their hybrid, plug-in and all-electric vehicles, carmakers still expect the internal combustion engine to dominate sales until 2015.

According to a survey conducted last November by audit, tax and advisory company KPMG, which surveyed 200 global automotive executives, including 22 in North America, automakers believe that sales of electric vehicles will not account for more than 15 percent of global sales for at least a dozen more years.

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