From electric to Advanced Driver Assistance Systems (ADAS), connectivity to shared mobility, the automotive industry is undergoing a transformation expected to span the next 10-20+ years. While changes will be significant, NAPA AUTO PARTS is committed to a position of global leadership in the automotive aftermarket. We’re focused on enhancing existing and new supplier relationships, exploring product expansions, learning from our global footprint, leveraging and supporting our strong customer base, and investing in talent.
In order to support these emerging technologies, Genuine Parts Company will continue to bring in new products and work closely with global suppliers to understand and deliver on market needs.
The Shift to Electric
Increasingly, consumer, lawmaker, and auto manufacturer sentiment is moving toward electric and hybrid vehicles. General Motors, in particular, has announced its commitment to 30 new global electric vehicles by 2025 and says it’s all-in for an all-electric future. In addition, BAIC Motor plans to phase out gas engines from their lineup by 2025, VW has announced it will introduce its last ICE platform in 2026, and Toyota by 2040.
States have also joined the movement. Currently, 12 have adopted the ZEV (Zero Emissions Vehicles) program requiring between 7-10% of all new cars sold in 2025 or after to be zero emissions. Colorado and Minnesota are expected to join that group by 2024. Washington and Pennsylvania, both LEV (Lower Emission Vehicle) states, have set declining emissions levels for cars and light trucks.
The electric vehicle category makes up 2% of the car parc today and is projected to grow to 10% by 2030, including full hybrids, PHEVs (Plug-In Hybrids), and BEVs (Battery Electric Vehicles). In general, electric vehicles have fewer moving parts and more expensive parts than the internal combustion engine (ICE).
As these technologies emerge, NAPA will be there with the parts these vehicles require as well as the training and tools needed to service and maintain them. NAPA Autotech Training already offers classes addressing these new vehicles and more are expected as this emerging technology develops and market penetration increases.
Large metropolitan areas including New York, Los Angeles, Seattle, San Francisco, and Chicago, are projected to have the largest number of EVs compared to less densely populated areas such as Wyoming and Iowa, for example. You can count on NAPA AUTO PARTS to keep an eye on what’s happening in your area as we shift into an electric vehicle future.
Next week NAPA AUTO PARTS looks into what’s ahead in the ADAS (Advanced Driving Assistance Systems) arena.
More than 90 years ago, the National Automotive Parts Association ("NAPA") was created to meet America’s growing need for an effective auto parts distribution system. Today, 91% of do-it-yourself customers recognize the NAPA brand name. We have over 6,000 NAPA Auto Parts Stores nationwide serving all 50 states with a unique inventory control system that helps you find the exact part that you need.