E-mobility is charging

In Italy, the electric mobility market is set to grow, partly due to the popularity of the concepts of ecological transition and sustainability. This is good news for electronics, a fundamental element in the entire supply chain, from power supply and vehicle control to recharging infrastructure.

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e-mobility

E-mobility is a large market, which includes, in addition to different types of vehicles - cars, buses, motorbikes, bicycles, scooters - the infrastructure of charging networks, systems that are more or less "smart" depending on how connected they are with services and apps. A 2019 study by The European House Ambrosetti e Motus-E indicates that in Italy the supply chain of products and services for electric mobility has recorded a steady growth trend in recent years: from a turnover of €2.2 billion in 2013, it generated total revenues of around €6 billion in 2017, growing at an average annual compound rate of 28.7%, a decidedly positive value, if we think that the growth rate of the automotive sector in the same period was 10.9%.

The same study identifies a "core" and a "non-core" supply chain in electric mobility: the former is made up of companies that already operate in the sector by providing products, services, technologies and infrastructure as a priority activity or are making specific investments in the sector, the latter includes companies that, in view of the type of products and services offered, as a result of a gradual shift from the internal combustion engine to the electric motor, could enter the sector by adapting or reconverting their offer.

In particular, manufacturers of components destined to exit the market as a result of the complete de-carbonisation of the car fleet (such as injectors, ATS systems, fuel tanks, heat engines, etc.) could switch their production to electric technologies, taking advantage of the expected growth in the volumes of electric and hybrid vehicles placed on the market.

The development of the e-mobility market, also in the wake of the popularity that the concepts of ecological transition and sustainability are gaining, is good news for electronics, a key element in the entire chain, from power supply and vehicle control to recharging infrastructure.


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