In Nederland tm februari 2024 7% meer cars verkocht dan de zelfde periode in 2023.
Voor het eerst meer EV dan benzine
Wie heeft de EU cijfers.
Taco zei er bij Q3 2023 het volgende over.
Marc Hesselink - ING Groep N.V., Research Division - Research Analyst
And the final question is on the Automotive side ofthe business, can you say something on how the backlog is progressing, also taking into account may be lowering production volumes a bit for the '24 period?
Taco J. F. Titulaer - TomTom N.V. - Member of Management Board & CFO
Yes. So, there are 3 drivers, if you look at our Automotive revenue. The first is car sales, the second is adoption rates, and the third is market share gains. Now as we've seen traditionally, market share gain is not easy in this segment due to the long product lead times. And for car sales, we saw car sales peaking in 2019, and since then they have been on a lower level. There are some catch-up demands happening, but what the coming years will bring -- we can rely on the industry analysts to give us an expectation there.
But for us, the biggest driver for growth is take rates. It's not so much car sales, because one million extra or one million lower for total market size doesn't have that much of an effect. It's more the adoption rates. And if you look at the adoption rates where we are today, it's roughly 40%. We think it can double by the end of this decade. And there are two drivers to drive that growth. One is EV adoption, because we see that with EV cars, there's almost a one-on-one correlation with taking navigation in-built. And the other one is self-driving features and safety features. What we communicated, for example, last year with our customer Hyundai-Kia, who has decided to -- due to the requirements and safety, they have decided to go fully in on navigation, and insert
navigation, no longer as an option when they sell a car, but as a standard feature. So, the biggest driver for our Automotive revenue is take rates and not so much the fluctuations in car sales.
3 factoren belangrijk voor Tom Tom
1) car sales
2) adoption rates
3) market share
adoption rates nu 40% richting 2030 80%
2 aanjagers die dat bepalen
1) EV adoption ( in Nederland dus voor het eerst meer EV dan benzine ) take rates bijna allemaal :-)
2) self-driving features and safety features. ( dasss toch ook TT )
By the way
Hyundai-Kia, who has decided to -- due to the requirements and safety, they have decided to go fully in on navigation, and insert
navigation, no longer as an option when they sell a car, but as a standard feature. So, the biggest driver for our Automotive revenue is take rates and not so much the fluctuations in car sales.
"". So, the biggest driver for our Automotive revenue is take rates and not so much the fluctuations in car sales. ""
Wat een zin, he :-)