2021 Auto Industry Outlook: What Can We Expect from BEVs, Connected Cars & Software?

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Here's my 2021 prediction on what BEVs (battery electric vehicles), connected cars and software will become...

www.eetasia.com, Feb. 08, 2021 – Article By : Egil Juliussen

The change in auto sales is the key parameter for all automotive electronics. In 2020, global light vehicle sales dropped to 76.5 million units, a drop of 15% compared to 2019. The good news is that global light vehicle sales will grow by 9% in 2021 to 83.4 million units. U.S. will do slightly better and grow by 10% in 2021 to 16 million units compared to 14.5 million in 2020.

BEVs

By 2020 (if not earlier), Tesla's success convinced even the sceptic auto OEMs that BEV is the long-term winner. The result is that 2021will be flooded with BEV model introductions from many OEMs – VW, GM, Ford, Nissan, BMW and many others.

Global BEV sales are forecasted to do quite well with a 28% growth from 2.1 million units in 2020 to 2.7 million in 2021. This is due to BEV model expansion to new segments in most regions, continued purchase incentives and growing competitive pressure. Potential customers are exposed to more BEV positive information including charging infrastructure expansion.

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