How much impact does the electric car have on the machine tool market?

During the 2017 period, the Oxford Economic Forecasting Center organized the Association to convene a Market Forecast Coordination Committee. One of the topics discussed was the impact of the development of electric vehicles on the machine tool market. Coincidentally, in the German Machinery and Equipment Manufacturing Association (VDMA) exchange, as well as in the China Machine Tool Industry Association press conference questions are involved in this issue. In view of this, the global machine tool industry are concerned about the impact of electric vehicles on the future market.

Because there is no engine, the gearbox is relatively simple, pure electric vehicle parts only about 200, for the traditional internal combustion engine car one-sixth, if all alternative fuel vehicles, then conservative estimates, machine tools and tools consumption will be significantly reduced above 50.
However, pure electric cars are really more economical than oil fuel cars, environmentally friendly? So, battery life and recycling, mileage, infrastructure and many other factors need to be fully considered. China is the world's largest automobile manufacturing country, is currently actively promoting the development of pure electric vehicles, has just begun to discuss the oil fuel vehicles out of the market schedule, but when to start this timetable, or unknown.
Although the parties to WHEN (time) and HOW (how) are not conclusive, but in any case, machine tool companies should consider where to change the problem.

In 2017, we see too many enterprises, their products from the tool to the host, from the detection equipment to the functional components, are preparing for the industrial 4.0 era, and some "industry" enterprises to take advantage of this opportunity, have with the machine tools Enterprises to develop large data platform, the development of enterprise-level interoperability technology, to provide users with intelligent factories.
In short, it is foreseeable, regardless of the future of the machine tool hardware market, enterprises must be through the service to reflect their own value and enhance market competitiveness.