Auto Trends: The ACES revolution
Never as in these years we talk about mobility of the future. It is often identified with emobility alone, the turning point of electric vehicles, but in reality this is only one aspect of the transformation to be taken into account. In this article we will try to summarize the macro trends that are changing the face of mobility to try to give an opinion on the role that lubricating oils will play in the future of the car market.
To simplify the 4 main trends we use a term used in jargon: ACES, an acronym that means Autonomous Driving (Autonomous Driving), Connected Cars (Connected Cars), Electrified Vehicles (Electric Mobility) and Shared Mobility (Shared Mobility). The Covid-19 pandemic has naturally had an impact on mobility, accelerating some aspects and curbing others, but according to the McKinsey consultancy agency the macro trends remain the same as the pre-pandemia.
What is meant by Emobility? is a type of mobility that involves the main use of electricity as a "fuel" for the movement of the vehicle. The change has been induced by forced stages to achieve so-called climate neutrality by 2050, the long-term goal ratified in the Paris Agreement (2015). This climate neutrality is substantiated in trying to contain global warming well below +2 ºC at the end of the century (a threshold considered ideal is +1.5 ºC). An important intermediate stage will be in 2030. The European Union has reinforced its commitment to reduce emissions by moving to a target of -40% to -55% compared to 1990. Hence the government incentives for the purchase of hybrid cars and electric cars. According to ACEA data (February 2021) in the last quarter of 2020 one vehicle in six newly registered in the European Union was an electrically rechargeable vehicle (Electrically-Chargeable Vehicle) that includes in the definition: BEV, FCEV, PHEV and EREV. The figure is growing but refers only to new registrations. The European fleet of more than 270 million light vehicles is another story.
The framework of sustainable mobility is quite diverse and, as you can well imagine, the path to emobility is far from simple. The same infrastructure for charging hybrid and electric cars is still largely to be built. So, electric yes, but the coexistence with the endothermic engine and hybrid solutions will still be a long time. We see below a scheme that seeks to clarify the formulas mainly used to describe the world of sustainable mobility: