None of those factors have completely disappeared, but the big unknown is how buyers will react to a wave of electrified vehicles needed to meet new EU emissions rules.
“I think that 2020 will be a very interesting year, because we will see if the consumers are ready to buy [electric vehicles], if the infrastructure that’s needed is in place, if the different use cases are working,” Faurecia CEO Patrick Koller said. “We will see.”
“I’m not sure all the automakers are ready for them,” he said of the new targets, which will apply to 95 percent of all vehicles sold in 2020 and 100 percent of those sold next year. “If you are not ready now in terms of product, production and stock management, you will be dead in January.”