LAS VEGAS — As established automakers and industry newcomers talked up new electric models at CES last week, major suppliers for many of those vehicles have significantly different forecasts for how quickly consumers will buy them.
Take ZF Group and Magna International, the world's third- and fourth-largest suppliers. ZF anticipates EV production accounting for about 45 per cent of global vehicle output by 2030, with EVs representing 49 per cent of all vehicles assembled in North America.
"We see the U.S. certainly catching up globally to the other major markets," said John Hawkins, ZF's vice president of electrified powertrains for North America.