What share will the various segments have in future European automobile production?
- According to Inovev's analyses, entry-level segment A had already finally collapsed in 2020. Inovev does not expect production to increase again; on the contrary, it will be reduced further. The A segment will become increasingly less important, especially for expensive BEVs.
- Inovev expects production in the lower B segment to more than recover after the slump in the Corona crisis. With an estimated volume of around 4.8 million vehicles, it will be the segment with the highest production in Europe in 2030. In all-electric vehicles (BEVs), it is the most important segment and will be able to expand its share of European production to over 50% by 2030.
- Production of the mid-size C segment is expected by Inovev to recover after the Corona crisis slump, but will not reach the pre-crisis level of over 6 million vehicles. With an estimated volume of about 4.5 million vehicles, it will be the second strongest segment in 2030 European production and the most important segment in the production of vehicles with internal combustion engines.
- Production of the lower premium D segment is expected by Inovev to recover after the slump in the Corona crisis, but will not reach the pre-crisis level of over 2 million vehicles.
- Inovev expects production in the upper premium class E segment to recover somewhat after the sharp downturn in the Corona crisis, but to remain at a level of around 900,000 in the future.
- As the luxury segment F as well as sports cars is a small but stable niche market, Inovev does not expect any major changes.
- According to Inovev's expectations, production of light commercial vehicles will increase slightly before production starts to decline again from 1.8 to 1.5 million vehicles from 2027. The internal combustion engine will remain the most important drive in this segment.
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