Entitled Future of the Global Powertrain and Electric Vehicles Market – 2014 Outlook, the web conference takes place on Wednesday 2nd April 2014, at 4.00 pm BST and will provide a global outlook of the passenger vehicle powertrain and electric vehicle landscape in 2014, led by industry analyst Yeswant Abhimanyu, together with principal consultant Edward Hanawalt.

‘The diesel share in many key European markets has witnessed a decline in 2013,’ outlined Abhimanyu. ‘Of profound importance was France—traditionally a diesel powertrain fortress – where the diesel market share had fallen almost 6% to about 67% in 2013, reaching the level it was almost a decade ago. Amongst other key markets, Norway, Sweden, and Belgium also witnessed a decline of more than 4% each.’

With the exception of Italy, which saw a slight 0.8% growth in diesel share and a decrease of about 2.6% in gasoline share from 2012, the gasoline market share in four of the G5 countries experienced growth. CNG vehicle registrations gained almost 1.7% over their previous year's share.

‘The CNG market in Italy, Germany, and Sweden will grow this year. Local incentives and support, comparatively better refuelling infrastructure, and a push by local OEMs are amongst the key drivers for the expected growth,’ Abhimanyu continued.

The 2014 diesel markets outside of Europe, in India and the United States, however, are expected to grow depending on the economic and political dynamics. As an example, although the market in India last year witnessed accelerated growth to about 53%, its sustained increase will heavily depend on fuel prices, the diesel deregulation status, and possibly even on the outcome of the 2014 General Elections.

‘The increase in cost of diesel powertrains with additive technologies economically challenges the uptake of price sensitive A and B-segment vehicles,’ Abhimanyu concludes. ‘The fact that these segments currently account for more than 30% of the total vehicle sales in Western Europe further magnifies the reasons for decline in diesel share. As a consequence, vehicles not only experience reduced market competition but also a decline in consumer interest, resulting in OEMs going to the extent of removing/reducing their diesel variant vehicle portfolio.’

To view some taster slides on the Future of Powertrain and Electric Vehicles Market – 2014 Outlook, visit Slideshare: http://slideshare.net/FrostandSullivan/teaser-slides-ptev-outlook

To participate in this complimentary web conference, please email Katja Feick at [email protected] with your full contact details.