Manufacturers should hedge their bets on the future trajectory of electric vehicles - even entertain ‘heretical’ theories - before making their best bet on the speed of transition, according to the latest KPMG Global Automotive Executive Survey.

When it came to powertrain technology, the survey revealed that more companies seem to be covering all bases with hybrid technologies jumping from fourth to second place overall in technology.

It did however find that industry executive expects the shift to electric powertrains to continue to mature. In the past, when KPMG asked executives across the industry about how they expected EV penetration to trend in their markets, the responses varied widely.

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