After being the starring act for several years, the electric car backed into the shadows at this year’s International Geneva Motor Show as carmakers grow weary of waiting for sales to take off.
Electric vehicles were not completely absent from the showrooms as the 83rd edition of the Geneva show began, but no new models were unveiled and car company executives on site for the media days on Tuesday and Wednesday barely mentioned them.
“Public confidence [in electric] has really fallen since its peak at the Paris show in 2010, when we only talked electric,” BIPE analyst Clement Dupont-Roc told reporters.
Photo: EPA
Back then, French carmaker Renault, which leads the electric market, opened the order books for its first electric models and CEO Carlos Ghosn said he expected the cars to represent 10 percent of the market by 2020.
Renault’s compatriot PSA also plunged into the space, as did Japan’s Nissan with its Leaf.
However, as things stand today, sales have fallen far short of expectations.
Photo: EPA
In France, which claims to be the leading market in Europe for electric, less than 6,000 new such vehicles were registered last year.
The low volumes are part of the explanation for the weak offering on display in Geneva, but there are other issues as well.
“There are three tasks we have to overcome when it comes to electric vehicles. One is pricing, second is the milage they can cover and the third is infrastructure,” Mitsubishi president Osamu Masuko told reporters at the show.
Mitsubishi has been providing PSA with electric cars, but in August last year the French carmaker halted the influx since it was unable to unload the ones it already had.
“We had weak forecasts for electric, and now, we’re selling even less than those weak forecasts,” said Maxime Picat, who is in charge of PSA’s Peugeot brand.
Nissan has also been unable to meet its objective of selling 9,000 Leafs in Europe.
As a result, it was showing a new version in Geneva offering better range and especially a lower price, according to industry media.
Chevrolet, which already has the Volt electric car and is preparing to launch a new, smaller one called Spark, is also not betting on a European boom in the segment any time soon.
“I don’t see [electric] growing in a down market,” Susan Docherty, who head’s the company’s European operations, said at the Geneva show.
Analyst Dupont-Roc agreed that growth in the segment will likely be a few years off.
“A turn-around could come in 2016, 2017, when the electric vehicles that are today mainly bought for fleets arrive on the second-hand market,” he said.
In the meantime, carmakers are biding their time, offering environment-conscious customers low-emission, small-engine cars, and are highlighting other greenish technologies like hybrids.
The leader in the sector, Toyota, for instance unveiled a new electric/gasoline hybrid at the Geneva show.
And PSA was pushing its Hybrid Air technology, which uses petrol and compressed air.
“We want to show that electric hybrids are not the only possible solution,” said Karim Mokaddem, who is working on the project and promises coming cars will use just three liters of gasoline to drive 100km.
Meanwhile, Volkswagen unveiled its lightweight plug-in hybrid XL1 at the show, which it says consumes less than one liter of petrol per 100km and weighs less than 800kg.
However, Volkswagen is only planning on making 250 units, and is unlikely to immediately take the market by storm.
Nissan, German Daimler and US carmaker Ford are meanwhile aiming to hit the accelerator in their development of affordable fuel-cell vehicles — a technology that is taking a while to get rolling but that they hope to get on the roads by 2017.
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