# Automakers Will Invest Heavily in Powertrains, Optimizing Combustion Engine Still Bigger Bet Than Electric: KPMG Survey

- Link: https://greenlivingguy.com/2013/01/automakers-will-invest-heavily-in-powertrains-optimizing-combustion-engine-still-bigger-bet-than-electric-kpmg-survey/
- Published: 2013-01-11T20:54:00-05:00
- Author: greenguruguides

DETROIT, Jan. 11, 2013 (GLOBE NEWSWIRE) — Despite continued hype and heavy investment
by auto makers in electric propulsion technologies, global automotive executives
say that optimizing the internal combustion engine will see the most investment 
over the next five years. Executives also indicated that they don’t expect e-car
sales to exceed 15 percent of annual global auto sales before 2025, according to
the **[14^(th) Annual Global Automotive Executive Survey](https://home.kpmg/xx/en/home/insights.html)**
conducted by KPMG LLP, the U.S. audit, tax, and advisory firm.

[Automakers Will Invest Heavily in Powertrains, Optimizing Combustion Engine Still Bigger Bet Than Electric: KPMG Survey](https://www.globenewswire.com/news-release/2013/01/11/515994/10017738/en/Automakers-Will-Invest-Heavily-in-Powertrains-Optimizing-Combustion-Engine-Still-Bigger-Bet-Than-Electric-KPMG-Survey.html)

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 greenguruguides

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