The transition to electric vehicles is regaining momentum across Europe. In the background: rising fuel prices, which are accelerating decision-making for both consumers and businesses.
Interviewed on the 19h30 programme on RTS, Kevin Berton, Asia Markets Analyst at Piguet Galland, highlights a broader dynamic at the intersection of energy, industrial and economic challenges.
Rising energy prices are acting as a catalyst. The shift to electric mobility is increasingly becoming an economic decision, beyond purely environmental considerations.
In this context, Asian manufacturers – particularly Chinese, Korean and Japanese players, are entering the market with strong advantages:
This is likely to strengthen their presence in Europe and intensify competition for local manufacturers.
This trend goes beyond the automotive sector alone. It reflects deeper structural transformations:
🎙️ Watch the full interview (french only)