The internal combustion engine (ICE) has powered light vehicles for more than a century. Automakers and suppliers have accumulated vast expertise in this area, and gasoline and diesel technology is supported by an extensive, well-oiled supply chain. But growing environmental concerns and tightening regulatory requirements have prompted a shift to electric vehicles. This new field demands vast amounts of funding and resources.
In this environment, does it still make sense to allocate investments into ICE innovation? Opinions—and business strategies—vary widely on this hot topic.
In this report:
- Executive Summary
- It’s too soon to say goodbye to internal combustion
- Will big name backing of low-carbon fuels extend ICE lifeline?
- Internal combustion engine improvements could prove more beneficial than EVs, in the near term
- Where is light vehicle ICE investment being directed?
- Do automakers still see potential in ICE technology?
- An inside look at the AECC 'near zero' emission ICE demonstrator
- Could EV supply chain shortages lead to ICE innovation?
‘Special report: Light vehicle ICE innovation’ presents insight from:
- Accenture
- Association for Supply Chain Management
- Bosch
- Center for Automotive Research
- Emissions Analytics
- International Council on Clean Transportation
- Oliver Wyman
- Renault
- Webasto
