The lubricants industry is working to get a firmer understanding of the market implications posed by low- and zero emissions vehicles. Could hybrids cushion the inevitable blow to automotive lubricant blenders?
The transition to electric mobility is irreversible, and depending on the region, the speed of change varies from tentative to breakneck. Even during the pandemic, which shuttered the economy for the best part of a year, battery electric vehicle sales in places like China and Northern Europe grew apace. This is bad news for passenger car motor oil manufacturers.
The impact of motor-oil-free BEVs on automotive lubricant sales may not be as severe as some may think, neither now nor in the future. According to Adam Banks, e-mobility manager for additive company Afton Chemical, there may be plenty of revenue to capture.