ACEA — 2022-10-25
As governments announce emergency measures to cut back on industrial use of gas and increase levels of gas in storage, automobile manufacturers across Europe are increasing their efforts to reduce energy usage. ACEA has made an overview of some of the key actions undertaken by its members in the short and medium term.
Energy consumption down over past years
These current actions should be put in the context of the ongoing efforts to improve the energy efficiency of car production over the last 15 years. Indeed – despite increased complexity of vehicle production – the overall total energy consumption from car production has been cut by 23% over the last 15 years, as the latest ACEA data shows.
Potential production losses
While supply chain shortages, particularly those affecting semiconductors, continue to disrupt global manufacturing activities and constrain production, the focus in Europe is switching to the effects of the supply interruption of natural gas from Russia.
According to latest S&P Global Mobility forecast, potential production losses from Europe-based manufacturing plants could reach more than 1m units per Q, starting in the fourth quarter of 2022 through the entirety of 2023.
Quarterly European light vehicle production was forecast to be between 4 and 4.5m units, with moderate growth expected. However, with potential restrictions due to energy rationing, output could be reduced to 2.75-3m units per quarter.
Short-term actions of auto makers
Increasing energy efficiency and reducing natural gas consumption
Medium-term actions of auto makers
Relocation of manufacturing capacity