Skoda: ‘ICE to become more expensive’
Alain Favey, Skoda board member in charge of sales and marketing, explains that new EU homologations will result in a price increase of conventional internal combustion engine (ICE) cars. Plus, battery prices are expected to go down. The result will be an increase in plug-in hybrid and hybrid car sales.
“Diesel and petrol powertrains will become increasingly more expensive. To be able to reach the new 2023 Euro norms, we’ll have to increase our level of technology. Thus, the price of those powertrains will increase,” declares Skoda board member in charge of sales and marketing, Alain Favey.
According to Mr. Favey, there will be a price shift between conventional ICE cars and battery-powered electric cars. “The gap with electric cars will grow smaller because we estimate that battery prices will drop. Plus, some countries have taken drastic measures. In Norway, only EVs will be sold by 2025,” he continues.
According to the Skoda board member, hybrid and plug-in hybrid cars will become the sweet spot. The brand’s scenario foresees that, by 2025, 25% of the market will be composed of electric vehicles.
Hybrid, electric and CNG
“Politicians are pushing us to electric. It’s a real challenge. But, they have to be coherent with themselves. There needs to be a charging infrastructure and available electricity. If governments don’t take their responsibility, good intentions will never see the light of day,” adds Alain Favey.
Recently, the Czech brand decided to launch electrical and plug-in hybrid products, long after sister-brand Volkswagen. The new Superb plug-in should arrive in autumn while the Citigo electric is still one year away.
Skoda doesn’t stop investing in CNG. “We believe in this proven technology,” notes Mr. Favey. New Scala and Kamiq models will accompany the Octavia to complete the brand’s CNG range.
‘Meet CO2 targets’
Mr. Favey isn’t alone in thinking conventional powertrains will take the hit due to regulations. “The technological cost required to meet the new Euro standards will hardly be passed onto the cheapest models. A good part of manufacturers have already abandoned diesel for their small cars,” declares Xavier Daffe, editor in Chief at Le Moniteur Automobile/Autogids.