JATO reveals industry impact as correlated NEDC values are shown to be higher than NEDC tested
- JATO is releasing the early findings of its work on the impact of WLTP in relation to the automotive market
- Despite the transition to WLTP still ongoing, there are significant signs that in the long term, it will impact the current business model for the automotive sector
- Since December 2017 JATO has been providing insights and data reports to clients on the shifts in CO2 levels seen in NEDC correlated values
JATO Dynamics, the global leader in automotive business intelligence has been monitoring the transition to WLTP since its initial introduction in September 2017. Although this transition is still ongoing, JATO is releasing its insights on the results of its initial impact, which is already affecting the current business model of the automotive industry.
The major finding of JATO’s early research is that the new NEDC declared values – either calculated via Co2mpas (the model developed to convert WLTP CO2 measurements to an NEDC equivalent) or via double testing for new engine calibrations (which have been re-homologated using the WLTP test cycle) – are higher than under the previous NEDC test cycle. This is undoubtedly affecting the car market, but not necessarily in the way some in the industry expect.
To assist the automotive industry to manage the transition to WLTP, JATO is providing customers in the industry with reports which show the changes in CO2, between NEDC correlated and NEDC tested values. These reports include all vehicles which are WLTP homologated (EU6c and EU6d temp) and enable the industry to gain a truly global picture of all automotive brands and European markets. It enables OEMs and leasing service providers to get a clearer picture of the EU landscape and the impact, per market, that the NEDC correlated figures are likely to have and anticipate a CO2 variance.
Most significantly, these reports enable users to predict how CO2 values could change in markets across Europe, by comparing these with markets where data has already been released. NEDC correlated values are updated daily and custom dashboards can be created to suit client needs.
Ahead of the introduction of WLTP for all new car registrations from September 2018, JATO is developing and testing a WLTP global data solution that will enable the automotive industry to access WLTP data via one single solution, and with a standard data format access point. The JATO WLTP service release is targeted by end of July 2018, covering in the first release 92% of the current volume registered in Europe.
This new solution will provide easy access to data, as well as customisable, tailor-made dashboards providing access to the WLTP emission and fuel consumption values of each vehicle build and, if needed, also the local market tax associated with a specific emission level and vehicle configuration.
A spokesperson for JATO commented: “WLTP is a seismic change in the automotive industry. We have observed that NEDC correlated CO2 figures are higher than previous NEDC tested values, and the disparity could be greater than the industry expected. Furthermore, our initial findings suggest that the NEDC correlated values are resulting in higher purchase and ownership taxes for the end user in some cases. This is something the industry needs to be aware of as the competitive landscape is changing. The new NEDC correlated figures are already available in the JATO specification and price database we provide to our customers, but the reports that we have developed and made available to clients provide insight on exactly which vehicles have shown higher CO2 values, the variance in CO2 emission versus the NEDC tested CO2, changes in engine technology and power output, and also where this will impact purchase and ownership costs across Europe.”
JATO’s insight reports include three key elements – CO2 changes aggregated by manufacturer, a vehicle introduction report that provides an overview of WLTP homologated vehicles with altered CO2 values in any European market, and a taxation effect report which shows the pricing impact of WLTP homologated vehicles in EU markets that have a CO2 based purchase tax.
- April Registrations buoyed by Renault and Mercedes SUVs, new Opel/Vauxhall Astra and Audi A4
- Europe sees highest number for First Half Year car registrations since 2008
- Recovery declines in August, but EVs continue to gain traction, representing more than 1 in 5 new cars registered in Europe
- European car registrations in July fell for the first time in 34 months
- Tesla most popular global electric vehicle brand between January and September 2017