Global registrations to continue their recovery from historical lows

Last update – June 2023
Business environment risk
Political risk
Commercial risk
  • Consumer interest for electric vehicles and new mobility services
  • Government support for electric-vehicle transition
  • Global fleet ageing, indicative of future replacement purchases
  • Still low car penetration in emerging markets
  • Overcapacities eliminated in past years
  • Vulnerable supply chains (car electronics in particular)
  • Heavy investment in EVs will take time to pay off
  • Rise of Chinese carmakers a competitive game changer
  • Progressive end of internal combustion engine technologies a major challenge for suppliers
  • Competition from tech giants and start-ups in the field of connected and autonomous driving technologies
  • Rising financing costs
Aurelien Duthoit
Allianz Trade