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By 2040, more electric cars than conventional ones



The number of new electric vehicles could reach 10 million by 2025, and by 2040 it could exceed conventional vehicles, which in the field of e-mobility make up nearly $ 2 billion of valuable business for utility companies – says the new research Accenture. The company also says that the expansion of electric cars to utility companies is a great business opportunity and that they can gain a significant competitive advantage by offering their solutions for electric vehicles in a unique package.

Cheap electric power used in vehicles is a business opportunity of $ 1,700 billion. This could mean an additional $ 250 billion for utility services for more profitable e-mobility services – such as remote charging applications or integrated home electric power services for electric vehicles, and even funding for the purchase of electric cars.

By offering these services on a single platform, they can optimize system performance and provide a better user experience for electric car users.

"Companies that facilitate the purchase of affordable electric cars can speed up the expansion of the vehicle, giving them a competitive edge, as consumers increasingly make purchasing decisions based on their goals and principles (eg Environmental commitment)" Bruno Berthon, General Manager of Accenture Strategy and Global Public Utiliti Manager.

According to a global survey of almost 6,000 consumers, the Accenture strategy was tested At this moment, environmental protection is the number one incentive for the expansion of electric cars, and then the savings. Almost two thirds (63%) of future electric car owners would switch to electric vehicles if they could save on costs in the long run. Although battery technology is continually evolving and new leasing opportunities appear on the market, the expansion of electric cars is now hampered by high sales prices and limited charging options (eg, availability of home electric power systems and public filling stations).

In the future, more than 80% of consumers who buy an electric car want to spend their homes at home, but currently only 55% have their own garage.


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