• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

Technologies.org

Technology Trends: Follow the Money

  • Technology Events 2022-2023
  • Sponsored Post
    • Make a Contribution
  • Technology Markets
    • Venture Capital
  • About
  • Contact

Study reveals barriers to electric car adoption in US

November 27, 2018 By admin Leave a Comment

Battery capacity and charging station availability are the biggest concerns manufacturers and retailers must address to increase sales

Capgemini today released a study showing that battery capacity and availability of charging stations for electric cars are the two biggest concerns of U.S. consumers that might deter purchases. According to Capgemini’s Cars Online Trends Study, original equipment manufacturers (OEMs) and retailers must collaborate to address these and other concerns to meet governmental expectations, increase electric car sales and develop new services for consumers.

“OEM investment in electric cars has led to exciting technological breakthroughs and the promise of reduced emissions, yet so far sales figures have been lower than initially predicted,” said Mathew Desmond, Principal Automotive Domain Specialist at Capgemini. “If OEMs do not quickly take steps to address the consumer pain points revealed in this study then either rival OEMs or new entrants from other industries will capitalize on future growth potential.”

According to the study, 84 percent of U.S. respondents cited “battery capacity/range” as a concern about electric cars during the purchase phase. Commonly referred to as “range anxiety,” 83 percent of U.S. respondents cited availability of charging stations on journeys and expected battery life as other top concerns.

These concerns persist throughout the customer lifecycle, in particular when consumers research options prior to purchase. Many consumers feel inadequately informed about areas that are important to them such as charging infrastructure, as well as battery capacity and range. Thirty two percent of U.S. respondents are unsure whether they would use slow, fast or rapid charging for an electric car.

The respondents also expressed uncertainty about the best charging solution. Forty percent of global participants said they expect to be able to purchase private charging stations together with their car, and 39 percent expect the stations to be installed by the OEM. Despite these expectations, the study finds that retailers typically sell the charging equipment as a separate aftersales service, and installation is usually by subcontractors. Most OEMs have little involvement in selling or installing it, and often it does not carry their brand. This can lead to confusion which can dissuade customers from purchasing electric cars.

To address these and other concerns, the study recommends that:

OEMs provide better information to consumers, at the right place and time and in the right format, particularly while potential customers are researching options. OEMs must provide information that’s different from what they provide about internal combustible engine (ICE) cars to address concerns about battery range and charging infrastructure options.
OEMs can better equip, incentivize and enable retailers to sell electric cars. They can provide retailers with easier access to information and data addressing key customer concerns so they do not default to selling ICE cars they’re more familiar with, and which today provide higher margins on both sales and service as compared to electric cars.
OEMs and retailers can collaborate to adopt a more holistic view of the customer lifecycle and offer comprehensive services to owners. For example, OEMs could provide additional services to integrate electric cars with other aspects of consumers’ lives, such as smart charging features that communicate with smart home devices. This could strengthen customer relationships, and perhaps lead to additional services such as energy provision to grow customer retention and revenue.
Capgemini’s automotive capabilities help manufacturers, suppliers, retailers, and mobility providers address today’s challenges and drive digital transformation to shape their business for the future. Whether the focus is to drive efficiencies through Smart Automation or growth through Smart Mobility, Capgemini teams up with automotive companies as a digital platform provider, agile transformation collaborator and technology delivery supplier.

Read the full study here: https://www.capgemini.com/service/electric-cars-at-the-tipping-point.

Research Methodology:
The study is based on an online survey of 762 participants, comprising 256 from the U.S., 255 from China and 251 from Germany. All the participants demonstrated a serious interest in owning e-cars, with 54 already owning one and the remainder contemplating a purchase in the near future.

About Capgemini
A global leader in consulting, technology services and digital transformation, Capgemini is at the forefront of innovation to address the entire breadth of clients’ opportunities in the evolving world of cloud, digital and platforms. Building on its strong 50-year heritage and deep industry-specific expertise, Capgemini enables organizations to realize their business ambitions through an array of services from strategy to operations. Capgemini is driven by the conviction that the business value of technology comes from and through people. It is a multicultural company of 200,000 team members in over 40 countries. The Group reported 2017 global revenues of EUR 12.8 billion (about $14.4 billion USD at 2017 average rate).

Visit us at www.capgemini.com. People matter, results count.

Rightshore® is a trademark belonging to Capgemini

SOURCE Capgemini

Related Links

Capgemini: home

Filed Under: Tech

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Market Analysis

Opinion: Crypto is Here to Stay
DeFiRetailing.com (DeFi Retailing): DeFi will change retail as we know it
Top predictions for what comes next in 2022
VCmatters.com: India overtook the UK to rank third among nations having the most number of unicorns
Coal-powered electricity reached an all-time high in 2021
Global Total Semiconductor Equipment Sales On Track to Record $118 Billion in 2022
Europe’s Electricity Mix

Market Research Media

Gaming-Disorder.com: Gaming disorder is now recognised by the World Health Organisation
Top technology, media, and telecommunications (TMT) companies for total shareholder return (TSR)
UXSDK.com: How to get started in UX design
PublicDomain.ai: Public Domain Meets AI
RealityCheckout.com (Reality Checkout): How do the past tech predictions fare?
CybersecurityMarket.com (Cybersecurity Market): Advanced hackers succeeded in breaking in to Apple’s most guarded fortress
SetupMarket.com: How to set up a direct-to-consumer (DTC) channel

Secondary Sidebar

Tech Events

Powerful Keynote Speakers, Musical Headliners Announced for Ignite 2021 Logistics Tech Conference, August 3-5, 2021, San Antonio
Oracle CloudWorld Las Vegas, October 17-20, 2022
Snowflake Wraps Up Biggest Virtual Global User Conference, Spotlights New Innovations for Data Scientists
KubeCon+CloudNativeCon, October 11-15, 2021, in person in Los Angeles or virtually
The 2022 Design and Verification Conference and Exhibition United States (DVCon U.S.), February 28-March 3, 2022, Doubletree Hotel in San Jose, California

Venture Capital

Miro Raises $400M in Series C Funding Round to Accelerate Innovation Through Visual Collaboration in the New Hybrid Workplace
Whatnot raises $260M Series D co-led by DST Global and CapitalG to expand its live, social commerce marketplace
Platform.sh Raises $140 million in Series D Funding
Techstars Continues to Demonstrate Commitment to the Start-up Ecosystem in Korea
Illumina Invests in £30M Venture Fund to Advance Breakthroughs in Human Health

Footer

Recent Posts

  • Williams Invests in Technology to Generate Zero-Emission Hydrogen with Natural Gas
  • Nuclear power is overall one of the least deadly sources of energy
  • Postal Service Modernization Enables Expanded Electric Vehicle Opportunity
  • Toshiba Materials in Major Investment to Increase Silicon Nitride Ball Production Capacity
  • Ravn Alaska Orders 30 Hydrogen-Electric Engines from ZeroAvia
  • Sisvel Launches a Patent Pool on Wi-Fi 6
  • U.S. solar manufacturing missing a window of opportunity
  • General Atomics Advances Fusion Technology with Silicon Carbide (SiC)–Based Materials
  • Berge Bulk vessels to receive Anemoi Rotor Sails in its move towards a zero-emission fleet
  • BIRD – Israel-U.S. Binational Industrial R&D Foundation to invest $7.9 million in 9 new projects: The approved projects, with an overall budget of $20 million, involve innovations in the areas of Drones, Energy Efficiency, Environment Protection, Medical Devices, Pharma, Software and AI

App Coding

Trellix Finds Workforce Shortage Impacts 85% of Organizations’ Cybersecurity Posture
Writing code on the fly
Platform.sh Secures $140 million in Series D Funding to Support Enterprises in Scaling Fleets of Websites and Applications
Registered yet for Cloudflare Connect London 2022?
Lumigo expands its serverless observability platform to support any modern cloud application

API Coding

Apiip Expand IP To Location API Services to Verify 1 million+ Requests A Month
Types of API Testing
Apiiro Extends Right from Code to Runtime To Help Developers Fix Risks Faster
WSO2 Completes $93 Million Series E Growth Funding Round with the Investment from Info Edge
Are you looking for an API for OCR (Optical Character Recognition)?

Blockchaining

Bit.Store Platform Launches Social-Fi Collaborative Investment
Tokens.com Announces Key New Hires and Acquires New Crypto Gaming Assets
Venture Capital Firms Target African Blockchain Projects
BSV Blockchain Association sponsors WeAreDevelopers World Congress in Berlin
Rise of Ransomware

Event Calendar

The Vaper Expo UK, May 27-29 2022, Birmingham-NEC
Ecomondo and Key Energy 2021: focus on the green challenges of the African and Europe continent, October 26-29, 2021, Rimini Expo Center in Italy
Milan Digital Fashion Week, July 14-17, 2020
Sustainable Transport Forum 2021 gathers world leaders to drive the shift to a fossil free transport system, May 19, 2021
Spielwarenmesse 2022, the world’s leading trade fair for toys, 2 – 6 February 2022

Copyright © 2022 Technologies.org

Market Analysis & Market Research

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT