Monday, November 08, 2021 05:06 AM

EMBRACE OF CLEAN VEHICLE TECHNOLOGY A WELCOME SIGHT AT SEMA SHOW - LAS VEGAS SUN

The 2021 edition of the SEMA automotive aftermarket show was a refreshing sight to see.

Not only was it great for the show to be back in person in Las Vegas after being canceled last year due to the pandemic, but the events heavy focus on electric vehicles offered a look at a cleaner future for the automotive industry.

Green technology abounded in the SEMA Electrified area and throughout the display floor at the Las Vegas Convention Center. With several major carmakers announcing plans to invest heavily in electric or hybrid vehicles by 2025 (see inset), the $44.6 billion aftermarket parts industry has taken notice and is manufacturing an array of innovative products.

What automakers hope to accomplish with electric vehicles between now and 2025:

Audi: Produce 30 different EV models

BMW: Generate 15-25% of global sales from hybrid and electric vehicles

Ford: Invest $29 billion in EVs globally

Jaguar: Transition to 100% production of EVs

GM: Produce 30 different EV models

Hyundai: Produce 23 different EV models

Toyota: Sell 5.5 million EVs annually

Volkswagen: Market 1.5 million EVs across its brands

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News source: GOOGLE NEWS

See also: Lyle Industries