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BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

Green Car Congress

In a new report (its fourth on electric car adoption) the Boston Consulting Group forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030.

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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

Conventional automotive technologies have significant emission-reduction potential, according to a draft of the Boston Consulting Group’s (BCG) latest report on automotive propulsion, Powering Autos to 2020. —“Powering Autos to 2020” (draft). Click to enlarge.

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Togopool partners with AltF Coworking to encourage eco-friendly commuting and reduce traffic congestion – ET Auto

Baua Electric

According to The Boston Consulting Group , traffic congestion in India’s largest cities incurs costs amounting to billions of rupees annually. This initiative aims to enhance carpooling for employees, reduce traffic congestion, and contribute to a cleaner environment, while also offering significant economic benefits.

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U.S. EV adoption is happening faster than anticipated

Teslarati

happening much faster than anticipated, according to an observation of research by Recurrent Auto which is focused on providing transparency and confidence in pre-owned EV transactions. Recurrent Auto: EV adoption is happening faster than expected. ” Credit: Recurrent Auto. .” ” Credit: Recurrent Auto.

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When Will Electric Cars Start To Outsell Fossil-Fuel Vehicles? Projections Are All Over The Map

CleanTechnica EVs

By Charles Morris In this day and age, just about everyone who’s paying attention — even stalwarts of the auto and oil industries — acknowledges that vehicle electrification is the future. Originally posted on EVANNEX. But how far in the future are we talking about? Forecasts are all over the map.

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Hyundai, Tesla pave the way for long-range (+300 mi) EV prices falling below average gas cars

Baua Electric

Hyundai’s IONIQ 6 was found to be the only EV that met potential buyers’ median price, range, and charging targets, according to a recent report from Boston Consulting Group. Source: Boston Consulting Group) At just $243 per month, the IONIQ 6 is significantly cheaper to lease than the Toyota Camry, which costs $346 per month.

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Hyundai IONIQ 6, Kona EV are two of the cheapest cars (EV or gas) to lease at just $169/mo

Baua Electric

According to online auto research firm CarsDirect , Hyundai’s IONIQ 6 is the cheapest car to lease in the US, gas or electric, at an effective cost of just $249 per month. FTC: We use income earning auto affiliate links. That’s with only $239 due at signing (including a $7,500 EV lease bonus). 361 $43,656 SEL RWD 77.4