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KPMG survey finds global auto execs expect ICE dominance for some time; ICE downsizing and PHEVs to receive greatest investment over next 5 years; mobility-as-a-service in cities

Green Car Congress

Even in the BRICs, ICE downsizing has become a big deal. The survey found that most companies are hedging their bets and spreading funding across a wide range of areas, with ICE downsizing and plug-in hybrids expected to receive the greatest investment over the next 5 years. Russia: 33% believe the share will be 16–20%.