In the debate about the future of mobility, hybrid vehicles are often presented as a transitional technology, an intermediate step towards a future dominated by electric cars. However, the reality is more nuanced. The pathways to a zero-emission mobility future are diverse and include the development of various technologies. In a country like Chile, where the penetration of electric vehicles is still between 1% and 1.5%, offering consumers the ability to choose between different technologies is key to an effective and inclusive transition.
Globally, the automotive industry is changing rapidly. During 2023, electric vehicle sales reached 14 million units, increasing by 25% in the first quarter of 2024 compared to the same period the previous year, according to the International Energy Agency. This indicates a growing interest in electromobility. However, to achieve emission reduction and sustainability goals, it is crucial that policies and technological offerings adapt to market realities.
Locally, the challenges are significant. According to the National Mobility Strategy, it is expected that by 2035, the vehicle supply will be entirely zero-emission. However, the mass adoption of electric cars faces certain obstacles, such as their high cost, insufficient charging infrastructure, and the need to strengthen regulations and fiscal incentives. Consumer education also remains a priority to facilitate this transition.
Hybrid vehicles play a crucial role in this context. They represent a real and accessible option that allows consumers to significantly reduce their emissions while adapting to their needs and economic possibilities. Furthermore, by promoting these alternatives, we gain the necessary time to develop the infrastructure and policies that will facilitate greater adoption of electromobility or other zero-emission technologies in the future.
The key is to offer options that align with the diverse needs and realities of consumers. At Inchcape, we promote the idea that consumers should have the freedom to choose the technology that best suits their circumstances. It is not about forcing an abrupt transition but enabling gradual progress that considers all available technologies, including hybrid vehicles, as integral parts of the solution.
In the short term, hybrids offer a significant reduction in CO2 emissions, with an approximate decrease of 20% compared to traditional internal combustion vehicles. Additionally, being more accessible, they accelerate the adoption of cleaner technologies and, consequently, progress towards sustainability.
Each technology has a role in the transition to a cleaner future. While we work to increase the share of electric cars and the introduction of other clean technologies and fuels, hybrids remain a valuable and necessary option. The industry must focus on providing consumers with the freedom to choose the technology that best suits them and supporting a transition that is gradual yet effective.
Romeo Lacerda, CEO Inchcape Americas