PSA Group: electric cars threaten the auto industry

PSA Group: electric cars threaten the auto industry

October 29, 2019 0 By autotimesnews

The French concern sees a certain threat to the modern automotive industry due to the simplicity of electric cars. They need less maintenance, which affects income.

PSA Group currently owns the Peugeot, Citroën, DS, Opel and Vauxhall brands. A large concern is seriously concerned about the future of the automotive industry due to the proliferation of electric cars. According to the head of the PSA Group electric car division Helen Lis:

“Electric cars are much easier (than cars with ICE),” she explained. – They need much less parts, and therefore less time for service from the dealer. Ultimately, this means that after-sales service takes less time. ”

 However, there is a flip side to the coin, which Helen Lis also noted. If some owners of ICE cars are able to service them on their own (consumables replacement and minor repairs), then electric cars are serviced only at service stations. Although the total cost of after-sales service is much lower.

 Therefore, many companies are now looking for other income options, including subscription-based vehicle ownership programs, and car sharing programs.

 It is possible that in ten years we will get used to a different situation in the automotive market. In the meantime, analysts see problems in the short term, and certain benefits in the long term.

Meanwhile, in 2020, the PSA Group will launch battery-powered versions of its own compact commercial vans in two versions.