Powertrain Confusion Reigns At Automakers Says BofA Securities Report

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I’ve been covering the auto industry since 1989, first as CNN Detroit Bureau Chief, then as the National Auto Writer for the Associated Press, General Motors beat writer at the Detroit News and video reporter at Automotive News.

There may be plenty of sore scalps from all the head scratching at the automakers’ product planning offices as decisions about how to power future vehicles are less clear than ever, according to an analysis bypowertrain conundrum here is really causing problems in product planning we’ve never seen before,” said John Murphy,

Further evidence of the industry’s confusion, or at least the tempering of its confidence in the growth of alternative fuel vehicles can be seen in the company’s adjustment in its new product launch projections.The company had originally projected the number of new model nameplates for alternative powertrain vehicles to account for 64% of total industry introductions but has now downgraded that to 60%.

Indeed, looking at new model offerings, at 113 EVs led new ICE nameplates by just one, according to the report.

 

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