Europe will have 80 million fewer cars in 2030 as a result of shared transport

Posted 06/02/2018 14: 19: 08CET

MADRID, 6 Feb. (EUROPA PRESS) –

Europe will have 80 million fewer cars in 2030 as a result of shared transport and digitalization, according to the study ‘Eascy: the five dimensions that will transform the Automotive sector’ that has been developed by the consultancy PwC.

The company expects the car park in the ‘Old Continent’ to decrease by 25%, from the current 280 million vehicles to 200 million units by 2030.

For its part, the United States will reduce its number of cars by 22%, to 212 million cars, from the 270 million vehicles that travel on American roads today.

The study includes the five major trends that will affect the sector in the coming years: the consolidation of the shared transport model, and the irruption of the autonomous, electric, connected car and where the models will be updated annually.

The combination of these tendencies will lead, according to the firm, to “apparently” contradictory scenarios, such as, for example, that the stock of vehicles will be reduced in some markets and at the same time the number of registrations will increase, explained by a reduction of its useful life by a “much more intensive” use.

In Europe, it is estimated that the number of registrations could grow by 34% until 2030, from 18 to 24 million units, while in the United States by 20%, up to 21.6 million vehicles.

However, in China, an increase is expected both in registrations, from 30% to 35 million units, and in the vehicle fleet, which will reach 275 million cars in 2030, 53% more, due to its particular market situation with an “important” increase in the population and in the process of urbanization.

“In the future, all the agents of the sector will have to face a deep period of transformation and, for example, they will not be able to focus their business models only on the production and sale processes and will have to guide them, also, towards the different types of use and the entire life cycle of the car, “said the responsible partner of the Automotive sector in PwC, Manuel Díaz.