Bosch CEO Volkmar Denner said that by 2020 EVs will reach a range of at least 300 km.
Demand for electric vehicles has not reached the automakers’ expectations as customers are still drawn back by the price of such vehicles and by the short ranger of around 150km. If what Bosch CEO Volkmar Denner becomes reality, this means that automakers will be able to double the current EV range.
“Electromobility is currently still a niche business, but after 2020 it could very well become a mass market,” said Denner during a panel discussion Monday evening.
Denner also talked about the importance of a standardized communication interface for electric vehicles, which will play an important role in providing future connected services to all drivers.
“Electric vehicles will be connected vehicles, exchanging information with their environments,” he said.
Earlier this week German Chancellor Angela Merkel said she will keep the target of bringing 1 million EVs on the country’s roads by the end of this decade, despite low demand. Last year only 3,000 EVs were sold in Germany, compared with the total auto market which surpassed 3 million. Auto industry in Germany plans to make an investment of 12 billion euro ($15.52 billion) in alternative powertrains, such as EVs, in the next 3-4 years