Manufacturers of fossil-fuel powered vehicles made commitments to end the sale of internal combustion engines ( ICEs ) by 2030 — or 2040 for less economically developed countries .

Immediately , this seems like an endeavour solely undertaken by original equipment manufacturers ( OEMs ) and , while they hold the keys to the consumer ’ s pockets , it goes beyond B2C transaction . Electrification presents multiple new challenges , for which the world is not yet ready . The automotive industry is at the mercy of battery and component suppliers that have more work to do in order to meet the global demand for electrical components .

Industries have faced significant disruptions over recent years , such as the semiconductor shortage , the coronavirus pandemic — taking its toll on alreadydisrupted supply chains — and the immense pressure on all countries from the Russia-Ukraine crisis , causing havoc with energy supply across the globe . Nevertheless , electrification is spreading , so we ’ ve compiled insights from figures in the industry to portray the current state of play .

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As we learn more about Formula E , ABB representatives contribute to the charging infrastructure conversation and adaptation to e-mobility . We also cover more than just cars , looking at whether consumers are prepared for electric motorcycles , if 5G and IoT will become firmly embedded in vehicles of the future , and this issue also includes industry digest and insights on market trends . © 2022 | ALL RIGHTS RESERVED

TOM SWALLOW

EDITOR-IN-CHIEF tom . swallow @ bizclikmedia . com

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